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- RE: Upscale Restaurant Investment | Midtown Atlanta
- Contact: Steve Josovitz
- License #: 164878
Quick Facts
| Asking Price: | $2,900,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1009394 | |
| Broker Reference #: | 6549 |
Business Overview:
#6549
Midtown Atlanta Freestanding Upscale Restaurant Sale Leaseback Investment Opportunity
This is an active, operating business. All inquiries must remain strictly confidential. Â Please do not contact ownership or staff.
Address:Â Â 1620 Piedmont Avenue NE, Atlanta, GA
Price:Â $2,900,000
Overview:Â Â
Fully renovated 3,639 SF freestanding restaurant located in the heart of Midtown Atlanta. This turnkey investment blends historic character with modern upgrades and sits in a high-traffic corridor near Piedmont Park, Buckhead, and major retail and dining destinations.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Investment Highlights
Prime Midtown location with strong demographics and traffic
Approximately $1.2M invested in renovations and improvements
Landlord-owned FF&E included
Additional upside through percentage rent participation
Experienced operator in place
Lease Summary
10-year NNN lease with 3% annual increases (expires 10/31/2034)
Annual rent of $211,062
Personal and corporate guaranty
Parking
Parking is supported by valet and nearby options, including adjacent shared parking. The current setup has been in place for years and functions well for the tenant.
Reason for Selling:
For Lease. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Georgia businesses for sale
- View more Businesses For Sale in the same industry
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- Find a business broker
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