3000 Square Feet, Beautiful, Recently Updated Restaurant For Sale in A

Atlanta, GA (Dekalb County)

We Sell Restaurants - Georgia Restaurant Brokers
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Asking Price: $89,000

Cash Flow: $0

Gross Revenue: $450,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $21,096,000 /Month

Established: 2017

3000 Square Feet, Beautiful, Recently Updated Restaurant For Sale in A

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Business Description

Buy This Newly Remodeled and Renovated Atlanta Restaurant For Sale Located Near the Top End Of The Perimeter for Much Less Than What it Would Cost to Open a New Restaurant From Scratch. Extremely Desirable Location!
Opened in 2017 the Owner spared no expense on this Atlanta Restaurant for Sale by putting in brand new beautiful hard wood floors in the dining area and repainted creating an inviting fresh new look for its guests. But the renovations and upgrades didn't stop there... the kitchen area has a hood, grease trap, walk-in that was professionally serviced and brought up to current DeKalb County Code.
A prime location offered by the Restaurant Brokers is close to 3,000 square feet with a full bar and inside seating for 80. Additionally, there is a patio for outside seating that can accommodate an additional 20 guests taking the total capacity to 100. The base rent is a very reasonable $24.40 per square foot. Including CAMS, the rent is around $7200 per month.
Atlanta Restaurant for Sale is location terrific! Amongst tons of residential, business and corporate offices allowing the owner to capitalize on strong lunch and dinner traffic. Catering and delivery are also big opportunities to grow incremental sales. The median household income and home values in the area adjacent to this restaurant are well above Georgia averages by over 60% and the national average by 80% which translates to plenty of disposable income in search of a good restaurant serving quality food and friendly service. This location is ideal for Mexican, Thai or Indian Cuisines.
This Atlanta Restaurant for Sale comes fully equipped with 2 4-burner stoves, Grill, Fryer, new hood, ice machine, walk-in cooler plus additional new refrigerators and freezers. The rest of the kitchen is well equipped, and the front end has a beautiful bar, decor, tables, chairs.... everything you need. Completely turn key.
Even though it's only been open for a year, the owner, who is mostly absentee, claims monthly sales are around $45,000 and that's primarily due to the great location and word of mouth. He's decided that he no longer wants to own a Atlanta Restaurant and looking for a new owner to take it to the next level.

Detailed Information

Real Estate:
Leased
Building SF:
2,930
Lease Expiration:
5/31/2021
Employees:
10
Facilities:
Wall decorations New cc cameras installed Audio system installed and playing audio Pos Terminals 2 Printers 4 Dining tables 23 Dining chairs 51 Sofa 11 Child booster chairs 4 Patio tables 8 Patio chairs 9 Patio benches 5 Patio shelf to keep the items 1 Coat holder 1 Podium 1 Bar stools 9 Wine holders steel 4 Full Bar Equipment Beer coolers 2 Beer cooler for kegs 1 Ice holder 1 Liquer holder and to place the used glasses 1 Mats at bar 4 Wine glasses 60 water glasses 75 cocktail beer and other glasses 60 Steel Water mugs 10 Tea Cups and tea mugs 25 Absinth maker 1 Wine cooler 1 Stands place holders to keep food grocery to make food etc Micro waves 5 Walkin cooler 1 brand new Coolers in kitchen 5 1 brand new Freezes 3 - 1 brand new Ice machine 1 4 burner stoves 2 1 Big burner stove 1 Fryer 1 Grill 1 All utensils plates glasses spoons cooking pans etc Dish washing machine from auto Chlor company Co2 machines installed for soft drinks soda etc Security Alaram system Hot water tank New Fire extinguishers installed and fire inspection passed Sprinkler system installed and passed fire inspection Websites and all digital media
Competition:
Wide menu Assortment Surrounded by Businesses Offices and Homes
Growth & Expansion:
Affluent area in Atlanta Newly Opened Limited Hours
Support & Training:
yes
Reason for Selling:
Retirement
Business Website:
http://https://www.wesellrestaurants.com
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Steve Weinbaum

Business Listed By:
Steve Weinbaum

We Sell Restaurants

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Sponsoring Broker:
Eric Gagnon

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