Lifestyle Center Restaurant & Bar w/Patio-$1.2M Build-Out-TurnKey

Atlanta, GA (Fulton County)

Lifestyle Center Restaurant & Bar w/Patio-$1.2M Build-Out-TurnKey
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Asking Price: $225,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $12,874 /Month

Established: 2017

Lifestyle Center Restaurant & Bar w/Patio-$1.2M Build-Out-TurnKey

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Business Description

Metro Atlanta Lifestyle Center Restaurant & Bar w/Patio – $1.2m Buildout – Priced Way Below Market – Turnkey for Almost Any Casual or Upscale Concept.

Metro Atlanta Lifestyle Center Restaurant & Bar w/Patio.

4,000 sq. ft.
Seating for 130 inside
Bar stools = 18
Patio seats = 45

Rent- $8,743.50
Cam-$2,254.09
Tax-$1,077.72
Insurance $56.17
Garbage-$672.38

Total payment to LL monthly- $12,803.86
Lease expires: 12/5/2021.
Options: Two five-year options to renew.
Security Deposit: $8,743.50

Parking is free for guests in the deck for two hours
$400 a month for Staff parking.

$1.2 Million Build-Out.

TurnKey for Almost Any Casual or Upscale Concept. Would be killer for Mexican, Taqueria, Italian Steakhouse, Seafood, Tapas, Pizzeria, etc.

At this fire sale price, Seller is not showing any books and records other then Lease, Asset List and Expenses and Fixed Costs.

Priced at $225,000 which is way below market or cost to build new.

Detailed Information

Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
N/A
Facilities:
4,000 sq. ft. Seating for 130 inside Bar stools = 18 Patio seats = 45 Rent- $8743.50 Cam-$2254.09 Tax-$1077.72 Insurance $56.17 Garbage-$672.38 Total payment to LL monthly- $12,803.86 Lease expires: 12/5/2021. Options: Two five-year options to renew. Security Deposit: $8,743.50
Competition:
Please ask business broker for details.
Growth & Expansion:
Please ask business broker for details.
Support & Training:
Please ask business broker for details.
Reason for Selling:
Other interests.
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Contact the Seller

(from currently available funds)
 
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Steven Josovitz

Business Listed By:
Steven L. Josovitz

Shumacher Restaurant Brokers

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

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