Hookah, After Hours & Ultra Lounges with Full Kitchens for Sale

Atlanta, GA (Fulton County)

Seller Financing Available
Hookah, After Hours & Ultra Lounges with Full Kitchens for Sale
Contact Seller

Asking Price: $1,000,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $21,400 /Month

Established: N/A

Hookah, After Hours & Ultra Lounges with Full Kitchens for Sale

Save Print Share Valuation Report

Business Description

Metro Atlanta Hookah, After Hours & Ultra Lounges with Full Kitchens for Sale – High Profit – Three to Choose – Buy All or Individually – w/Owner Financing

High Profit.

Three to Choose – Buy One or All.

Owner Financing options available to highly qualified Buyers with great credit.

Priced at $1,000,000 for whole package or individually at prices below.

Unit One:
6,000/sf.
Capacity 500.
Two Bars.
Long term lease at $7,200 per month all in.
Well established.
Full kitchen.
2018 Gross Sales was $1,394,497.93 with $300,000 Net Profit.
Full Staff in place includes GM.
Food 25% of Sales.
Outdoor Patio.
Tons of dedicated free parking.
$500,000 to open doors.

Priced at $550,000 or in package for all three-businesses at $1,000,000.

Unit Two:
3,500/sf.
Capacity 100.
After Hour Club Only with hours 1AM-6AM.
Open Friday and Saturday only.
Long term lease at $4,200 per month all in.
Hookah and Food Only.
Liquor License Available.
Hookah sales are at 75% with Food at 25%.
2019 Gross Sales are $15,000 monthly with $6,000 Net Profit per month.
$10 door charge for admittance.
Full staff in place.
Tons of dedicated free parking.
$100,000 to open doors.

Priced at $125,000 or in package for all three-businesses at $1,000,000.

Unit Three:
10,000/sf.
Capacity up to 900.
Two Bars.
Long term lease at $10,000 per month all in.
Full kitchen.
Open six nights only.
2019 Gross Sales are $70,000 per month with $20,000 Net Profit per month.
2019 year-end sales should come in at $1,000,000.
Tons of dedicated free parking.
Full Staff in place includes GM.
Food 25% of sales.
$300,000 to open doors.

Priced at $375,000 or in package for all three-businesses at $1,000,000 with some Owner financing available in a purchase of all three businesses.

Detailed Information

Location:
Atlanta, GA
Real Estate:
Leased
Building SF:
19,500
Lease Expiration:
N/A
Facilities:
Unit One: 6,000/sf. Capacity 500. Two Bars. Long term lease at $7,200 per month all in. Well established. Full kitchen. 2018 Gross Sales was $1,394,497.93 with $300,000 Net Profit. Full Staff in place includes GM. Food 25% of Sales. Outdoor Patio. Tons of dedicated free parking. $500,000 to open doors. Unit Two: 3,500/sf. Capacity 100. After Hour Club Only with hours 1AM-6AM. Open Friday and Saturday only. Long term lease at $4,200 per month all in. Hookah and Food Only. Liquor License Available. Hookah sales are at 75% with Food at 25%. 2019 Gross Sales are $15,000 monthly with $6,000 Net Profit per month. $10 door charge for admittance. Full staff in place. Tons of dedicated free parking. $100,000 to open doors. Unit Three: 10,000/sf. Capacity up to 900. Two Bars. Long term lease at $10,000 per month all in. Full kitchen. Open six nights only. 2019 Gross Sales are $70,000 per month with $20,000 Net Profit per month. 2019 year-end sales should come in at $1,000,000. Tons of dedicated free parking. Full Staff in place includes GM. Food 25% of sales. $300,000 to open doors.
Competition:
Ask business broker for details.
Growth & Expansion:
Ask business broker for details.
Support & Training:
Ask business broker for details.
Reason for Selling:
Other interests.
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Steven Josovitz

Business Listed By:
Steven L. Josovitz

Shumacher Restaurant Brokers

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in The Georgia Association of Business Brokers (GABB).

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1638507 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Cleanpro

Franchise Opportunity
Cash Required: 48900