Downtown Atlanta Freestanding Restaurant, Bar
Atlanta, GA Fulton County
Downtown Atlanta
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- RE: Downtown Atlanta Freestanding Restaurant, Bar
- Contact: Steve Josovitz
- License #: 164878
Quick Facts
| Asking Price: | $2,000,000 | |
| Annual Revenue: | $2,836,801 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $803,204 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 990253 | |
| Broker Reference #: | 6379 |
Business Overview:
Downtown Atlanta GA Freestanding Restaurant, Bar & Patio for Sale
Freestanding 6,150/SF.
Seating for well over 100.
Bar seating for 25,
Outdoor seating 50.
Monthly Rent is $12,000.
Real Estate Annual Taxes $22,081
Real Estate Annual Insurance $6,239.
$2,794 Solid waste tax bill paid annually.
10-year lease.
2024 Gross Sales: $2,836,801.62
2024 Net Profit: $803,204
Comments:
Absentee Owners do not run any shifts and or open or close.
GM salary – $75,000 + Bonus
KM – $45,000
Full Staff in Place makes for a flawless transition.
Hot Location.
60/40 Food to Alcohol Mix.
Well Established.
Keep or Convert
Clean Books.
Priced at $2,000,000.
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Property Features and Assets:
Freestanding 6,150/SF.
Seating for well over 100.
Bar seating for 25,
Outdoor seating 50.
Monthly Rent is $12,000.
Real Estate Annual Taxes $22,081
Real Estate Annual Insurance $6,239.
$2,794 Solid waste tax bill paid annually.
10-year lease.
Market Competition and Expansion:
Ask broker
Reason for Selling:
Absentee owner.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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