Midtown Atlanta Ponce City Market Area Rest/Bar
Atlanta, GA Fulton County
Ponce City Market area
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- RE: Midtown Atlanta Ponce City Market Area Rest/Bar
- Contact: Steve Josovitz
- License #: 164878
Quick Facts
| Asking Price: | $75,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $99,000 | |
| Real Estate: | $600,000 | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 952225 | |
| Broker Reference #: | 6282 |
Business Overview:
Midtown Atlanta GA CRU Restaurant, Lounge & Bar for Sale or Lease w/Real Estate – Next to Ponce City Market – Keep or Convert -$75,000
(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request)
Cru located at 620 Glen Iris Dr NE #101, Atlanta, Georgia 30308 is available for lease or sale. Approximately 1,500/SF.
Multi-Level.
0.276 Acres.
Parcel Number: 14 004800121603
Recommended Zoning: Commercial
Seating for 45.
10-seat bar.
The fully equipped venue includes Hot Sauce POS System with three terminals.
Ventless kitchen equipment pumps out small plates and full entrée’s.
Open and Operating so perfect for any restaurant and bar use or convert.
Keep or Convert.
Perfect for Office, Studio, or Professional Use.
$600,000 spent to open doors.
Stunning Build-out.
Books and Records of Business are not available.
Buyer could keep name and concept under a Franchise Agreement.
Pricing Options:
Real Estate and all Assets including furniture, fixtures, and equipment are priced at $699,000.
Buy furniture, fixtures, and equipment for $75,000 with a long-term lease at $7,500 per month including extra charges.
Owner financing on the sale of Real Estate is available. At full price, Seller would consider financing 40% personally guaranteed over three years at 6%.
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Property Features and Assets:
Cru located at 620 Glen Iris Dr NE #101, Atlanta, Georgia 30308 is available for lease or sale.Approximately 1,500/SF.
Multi-Level.
0.276 Acres.
Parcel Number: 14 004800121603
Recommended Zoning: Commercial
Seating for 45.
10-seat bar.
The fully equipped venue includes Hot Sauce POS System with three terminals.
Ventless kitchen equipment pumps out small plates and full entrée’s.
Buyer could keep name and concept under a Franchise Agreement.
Market Competition and Expansion:
Open and Operating so perfect for any restaurant and bar use or convert.
Keep or Convert.
Perfect for Office, Studio, or Professional Use.
Reason for Selling:
Other business interests.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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