ATLANTA, Georgia
| Asking Price |
$250,000 |
Year Established |
2023 |
|
| Annual Revenue |
$750,000 |
Reason for Selling |
Personal |
|
| Annual P/L |
$0 |
Attention |
Nick Pourhassan |
|
| Annual Cash Flow |
$0 |
Listing Number |
1004951 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This is your chance to own one of Atlanta's most stylish and sophisticated nightlife destinations at a fraction of its original build-out cost. This Bar for Sale is, located in the highly sought-after The Works mixed-use development in West Midtown, offers a turnkey opportunity for an experienced operator to step into a thriving business with enormous growth potential.
This Bar for Sale spans 3,000 square feet and features an elegant design with nearly $2 million invested in high-end finishes, custom fixtures, and luxurious details. From the moment guests walk through the door, they are immersed in a refined atmosphere that sets the stage for an unforgettable experience. The lounge boasts a full liquor license and a curated tapas menu, catering to Atlanta's discerning crowd seeking an upscale after-hours destination.
The lease terms are exceptionally favorable, with an all-in monthly rent of just $13,700 and minimal increases every five years. The current lease runs through 2033 and includes two additional five-year renewal options, providing long-term stability and peace of mind for new ownership. Forum Cocktail Co. opened in November 2023 and has already demonstrated positive year-over-year sales growth, proving its strong market appeal and profitability trajectory.
Currently, the business operates Thursday through Sunday from 5 PM onward, leaving significant room for expansion. Extending hours or introducing private events could unlock additional revenue streams and maximize the potential of this prime location. The Works is a bustling hub of retail, dining, and entertainment, ensuring consistent foot traffic and exposure to a sophisticated clientele.
Offered at just $250,000—an incredible discount compared to new construction—this is a rare opportunity to acquire a fully built-out, high-end cocktail concept in one of Atlanta's hottest neighborhoods. Don't miss your chance to own a premier speakeasy and make your mark in the city's booming hospitality scene.
Contact We Sell Restaurants today to learn more and schedule a private tour.
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Property Features and Assets:
Contact Broker for full list of FFE
Market Competition and Expansion:
Located in High Traffic "The Works" westside development. prime for owner operator to continue upward trajectory, expand hours to increase revenue.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity