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- RE: Turn Key Restaurant And Bar For Sale With $1.5 Million In Sales.
- Contact: Not Disclosed
Quick Facts
Asking Price: | $625,000 | |
Annual Revenue: | $1,510,852 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 38 | |
BBN Listing #: | 983956 | |
Broker Reference #: | 14673 |
Business Overview:
Don't Miss out on this Incredible location with like new Equipment in Alpharetta, GA - This Bar for Sale is ready for your concept today! This location boasts a beautiful buildout, saving you hundreds and hundreds of thousands of dollars!. While traditional SBA financing isn't an option, qualified buyers can secure an unsecured loan for the purchase and OWNER FINANCING is available. Either way, you can't afford to let this opportunity slip away. You have a great opportunity to purchase this Bar for Sale and be in business next month. This restaurant is the perfect way to bring your idea into reality. Sales in 2023 of $1,510,852 can be grown from the current concept or you can bring your own menu and concept. A Bar for sale like this offered by We Sell Restaurants could be the blank slate you need to start building a new concept Coupled with PRIME location, this Bar for Sale is an opportunity that serious buyers will not want to miss. You can make your restaurant dream come true with the right vision and drive. This is a fully equipped location ready for a new owner or new concept. This Bar for Sale is a turnaround situation meaning it is not cash flow positive today but is generating sales of $1,510,852. The fully equipped kitchen comes with everything you need to prepare anything you wish to offer with your own restaurant concept. Moreover, the space provides 3,000 square feet of potential with 128 seats inside and 28 seats on the patio to allow you to fill up with customers.The monthly rent at this stands at Bar for Sale is $11,143, including CAMS, Taxes and Insurance. The lease term is good through October 2029 and offers up 1, 5-year option to extend. At the end of 5 years, rent will be reduced by $6,944.04. In addition to the turn-key space, the surrounding Alpharetta area is full of retail and apartments living that allow for high traffic and restaurant goers, for any new owner looking to start their own concept. You can skip all the hassle and cost of starting from scratch by opting to purchase an existing restaurant space. Bring your concept to life when you purchase this Bar for Sale. Call to draft your offer today and be in business tomorrow!Please click on the tab below to easily acknowledge confidentiality on this Bar for Sale. If you have any questions, please contact Certified Restaurant Broker Jeff Heidt. By providing your phone number to We Sell Restaurants, you agree to receive text notifications.
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Property Features and Assets:
4 Table 4FT6 Table 2FT30 Outdoor Chair1 Hostess Stand1 POS Screen May be leased1 Portable Phone 16 Table 4FT8 Table 2FT20 Dining Room Chair6 Booth Bench Double8 Booth Bench Single1 Sentry Fire Extinquisher16 Nannocell Big Screen TV's15 Bar Chair1 Sink/Storage1 Sink1 Storage Stand1 Beverage Air Regrigerator1 Sink1 Ice Bib/Storage1 M4 Button Soda Gun1 Glass Front Refrigerator2 TRUE Undercounter Refrigerator2 POS ScreenMay be leased2 POS Cash DrawerMay be leased3 POS PrinterMay be leased1 Portable Phone1 Wood Storage Rack1 Shelf Rack1 DUNN Tea Ern1 KROWNE Ice Bin1 Workshelf Storage1 BUNN Coffee Maker1 Great Northern Popcorn Machine2 POS ScreenMay be leased2 POS PrinterMay be leased1 Wood Work Station Hutch1 Wood Storage Closet1 Liquor Storage Cabinet1 High Chair12 Ecolab Hand Sanitizer May be leased1 Paper Towel Dispenser1 Floor Shelf2 Simplehuman Trash Can1 Paper Towel Dispenser1 Hoshizaki Ice Machine2 Storage Rack1 Storage Rack1 Kitchen One Fire Extinguisher1 Step LadderEcolab1 Work Shelf1 Soda Rack1 Hood Will Remain with Landlord1 Moffat Oven1 Floor Stand1 US Range Gas Stove1 WOLF Flat Grill1 Cook Rite Toaster3 Fryer2 Hoshizaki Cold Salad Station1 Hoshizaki Cold Salad Station1 Hoshizaka Undermount Meat Cooler1 Warmer 4FT1 TRUE Cold Salad & Meat Station 6FT1 POS PrinterMay be leased2 Sink Pre Wash1 Vacmaster Vaccum Sealer1 Sink Post Wash1 Tork Soap Dispenser1 Amana Microwave1 Golo Soap Dispenser1 Sink1 Armadillo Grease Cleaner3 Storage Shelf1 Alto Sham Holding Cabinet1 Hobart Slicer1 Hoshizika Freezer1 Work Table1 KokPak WalkIn Cooler 20FT x 8 FT May remain with Landlord10 Storage Racks3 Roll Tray RackMarket Competition and Expansion:
The Alpharetta economy has been steadily growing, providing opportunities for businesses to thrive. Alpharetta has a population of 65,884. Median household income is $141,402 which makes it a thriving city and great location for restaurants.Reason for Selling:
PersonalAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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