3 Nights A Week Speakeasy Bar in Lagrange, GA

Lagrange, GA (Troup County)

3 Nights A Week Speakeasy Bar in Lagrange, GA
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Asking Price: $149,000

Cash Flow: $150,000

Gross Revenue: $300,000

EBITDA: N/A

FF&E: $25,000

Inventory: $2,500*

Rent: $1,600 /Month

Established: 2017

*not included in asking price.

3 Nights A Week Speakeasy Bar in Lagrange, GA

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Business Description

3 night a week operation, bar/lounge that has developed into a local favorite nighttime establishment in prominent downtown Lagrange. Being sold with all tenant improvements, furniture, fixtures, and equipment. Very good gross and net. Awaiting a new owner to make a GOOD living. In addition to the bar and lounge, there is a full-size kitchen with hood system, grease trap, flat grill, open flame grill, fryers and much more, current owner does not operate the kitchen but instead, they lease it to an individual who operates it and pays them rent, new owner, can take the kitchen operation and expand the menu.

The bar hosts college social events twice a month (weekdays) when the school is open, little marketing from a new owner to other colleges and companies can secure more private events thus more revenues and profits.

Current owner and his wife operate the business, they are open 3 nights a week (Thursday, Friday and Saturday) from 6 PM to 1 AM and there is a great opportunity to make more sales and profit by opening 7 days a week and maybe offering lunch.

Lagrange is a growing city, the new water park is almost finished, new tire distributor is under construction 20000 employee will be working in this new company and this is in addition to Kia plant.

Lagrange, GA, is about an hour away from Atlanta and commuting 3 days a week is not too much of a hassle giving the rewards.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please call us to discover the difference that is. 678-777-0147
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Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Significant growth potential. It is good as is, but more marketing of corporation accounts around neighbor will bring up sales, opening more nights and lunches, operating the kitchen and so much more, the potential is limitless on this one.
Financing:
No seller financing available.
Support & Training:
2 weeks of training by the seller
Reason for Selling:
Moving out of state
Business Website:
http://restaurantsbrokers.com/service-item/profitable-franchised-cosmetics-stud
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(from currently available funds)
 
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Driss Senhaji

Business Listed By:
Driss Senhaji

Atlanta Business Brokers LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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