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Atlanta Restaurant Bar for Sale - SIX FIGURE Owner Benefit!

Atlanta, GA (Fulton County)

We Sell Restaurants -Georgia Restaurant Brokers
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Asking Price: $1,800,000

Cash Flow: $502,853

Gross Revenue: $3,761,384

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $20,128 /Month

Established: 2006

Atlanta Restaurant Bar for Sale - SIX FIGURE Owner Benefit!

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Business Description

High volume, iconic Atlanta restaurant bar for sale is generating close to $4 million in net revenue and cranking out owner benefit over $500,000 for the seller. Rare opportunity to buy these kinds of earnings!
This established Atlanta restaurant bar for sale has been open and operating successfully for 12 years with no signs of slowing down anytime soon. Known for friendly service, generous portions, and reasonable prices, the lively establishment has an energetic atmosphere and is the go to place after games and other events occurring every day in Atlanta. The expansive location includes 13 flat screen TV's for the sports enthusiasts, and to ensure the crowd has a good time, there is a Live DJ and Karaoke every night.
The location of this restaurant bar for sale, offered by the restaurant brokers, couldn't get much better. Nestled right in Atlanta amidst tons of hip eateries, hotels and nightlife. It's rare to find a business like this that we can say this about, but it will qualify for SBA lending with 25% down.
This 6800 square foot restaurant bar for sale seats up to 200 people. The lease on this beauty is an unbelievable low rate that is less than seven percent of sales and has seven years remaining, guaranteeing years of future income and success. It's no wonder they're generating so much money!
All recipes for the expansive menu at this restaurant bar for sale will be provided, along with training for the new owner. With several well-trained managers in place, the transition to the new owner will be seamless. This opportunity is ideal for an owner-operator who is looking to run his/her own location, or an absentee owner who is looking for a “cash cow” since the current owner spends only a few hours overseeing the operation based on having well trained staff and leadership in place.
Atlanta was named among America's fastest growing economies and is the 10th largest economy in the country and 18th in the world. Dubbed everything from “the next international city” to the “best place to do business”. Buy this Atlanta restaurant bar for sale and be a part of a vibrant city growing by leaps and bounds.

Detailed Information

Location:
Atlanta, GA
Real Estate:
Leased
Building SF:
6,800
Lease Expiration:
8/31/2025
Employees:
52
Facilities:
All Equipment and Computer System Included Details to come
Competition:
Economic development wins solid population growth and a housing recovery will combine to give Georgia another year of strong growth according to the annual economic forecast from The University of Georgia
Growth & Expansion:
According to economists Atlanta s recent job growth and projected future job growth are out-pacing the U S economy as a whole
Support & Training:
Yes
Reason for Selling:
Other
Business Website:
http://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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