Highly profitable landmark restaurant for sale!

Atlanta, GA (Fulton County)

Highly profitable landmark restaurant for sale!
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Asking Price: $899,000

Cash Flow: $322,265

Gross Revenue: $2,090,194

EBITDA: N/A

FF&E: $198,000

Inventory: $45,000*

Rent: $4,300 /Month

Established: 2006

*not included in asking price.

Highly profitable landmark restaurant for sale!

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Business Description

Don't miss out on this opportunity! $35,000 - $40,000 in weekly revenues!

Located in the heart of a historic Atlanta suburb, this highly profitable restaurant offers something for everyone – a warm, inviting ambience and a menu served by the area’s friendliest service staff.
The building consists of two floors with the interior approximately 7,800 square feet in size. There is also a covered balcony which is an additional 950 square feet. The overall capacity of the restaurant is for 373 guests. There is ample street parking and parking decks within a 1 minute walk. The kitchen is well equipped and all the equipment is owned by the seller and included in the sale. There is much potential for further increase by increasing entertainment and special events such as live bands and wine tastings. A new owner looking to invest could also maximize this growth by developing catering opportunities. In the Broker’s opinion this is an opportunity for someone with restaurant experience to purchase a well-situated restaurant that is definitely a local favorite!
BUSINESS HIGHLIGHTS
Landmark Location. Great all-season business with 20 TVs for college football days! Trained staff who would be willing to stay.

Detailed Information

Location:
Atlanta, GA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
8,750
Lease Expiration:
N/A
Employees:
50
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
One of the most visible properties located in the heart of a downtown Atlanta suburb. In excellent condition with good visibility and close proximity to the Interstate. There is ample public parking.
Support & Training:
Seller will ensure reasonable handover and training period.
Reason for Selling:
Family reasons
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(from currently available funds)
 
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Rebecca Walker-Jones

Business Listed By:
Rebecca Walker-Jones

OLD Inc Business Brokers

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