Three Atlanta Restaurants for Sale In Hottest Areas Generate $2.4MM

Atlanta, GA (Fulton County)

We Sell Restaurants-Georgia Restaurant Brokers
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Asking Price: Get Financing: $1,995,000

Cash Flow: $332,654

Gross Revenue: $2,428,450

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $24,531 /Month

Established: 1996

Three Atlanta Restaurants for Sale In Hottest Areas Generate $2.4MM

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Business Description

Rare opportunity to buy three Atlanta restaurants for sale plus a food truck in the market's hottest areas. We're talking about Buckhead, Sandy Springs and Virginia Highlands! Owner nets $332,655 on over $2.4 million in sales!

Open and operating for 22 years - this concept is one of the city's finest. Faithful and high income customer base in Buckhead, Sandy Springs and Virginia-Highlands all stop by these destinations for dining and drinks in this Metro market. This strong brand has a 20-year operating history with high-quality and unique food and drink offerings. Impressive margins on the Food and Beverage Sales. Store level economics are capable of being replicated in dozens of markets.

Can you say location? These are prime locations in an unmatched market. The consolidated performance of the group in 2017 was $2.428 MM with restaurant operating profit of $332,655. Buckhead has an amazing lease with $3500 monthly rent through October 31, 2017, no CAM requirements and the next five years at $3,700 per month. The Buckhead store suspended operations for a period of time in 2017 while the concept was in a re-branding phase but re-open to return to high sales. There is also a First Right of Refusal to purchase the property in the lease. The Virigina Highland location has a monthly lease payment of $9,273 through June 30, 2020 with a 3% annual increase during that period.

This is a strong brand with a 20-year operating history and loyal customer base. Don't let this opportunity to become a multi-unit restaurants for sale owner! All of these locations represent the hottest part of town along with a high profile food truck. When you purchase these restaurants for sale you're getting not one, but FOUR streams of income!

Commercial kitchens with complete refrigeration and cooking equipment in all three stores. Amazing bars in each location helps to keep the alcohol flowing that helps fuel the profits. Front of house designed by the best is on par with these strong markets. Food Truck is 2011 model Ford Motor Home DRW Super Duty Truck that's fully equipped and ready to roll.

The first of these restaurants for sale offered by the Restaurant Brokers is located in the hottest area of Atlanta - Buckhead! The second of these restaurants for sale is one of the hottest dining establishments in beautiful Sandy Springs. The final of this group of restaurants for sale is in the heart of the Virginia-Highland area. The Atlanta metro area has a population of 5.7 million people, making it the ninth-largest metro area in the country, and the growth in this area shows absolutely no signs of slowing down!

These restaurants for sale have great name recognition and are part of a well-established brand. You're not starting from scratch with these businesses - you're walking into multiple turnkey establishments. These restaurants for sale have thousands of followers on multiple social media platforms as well!

Each of the brick and mortar restaurants for sale has a full liquor license! The opportunity to expand this brand is virtually limitless - and when you purchase these restaurants for sale you're ready to turn the key and operate. You won't have to worry about a build-out and other expenses associated with starting from the ground up. When and if you are ready to expand the brand, you will be able to do so with significant money in the bank thanks to purchasing these open and operating restaurants for sale.

Detailed Information

Real Estate:
Leased
Building SF:
6,775
Lease Expiration:
7/31/2024
Facilities:
1 2011 Ford Motor Home DRW Super Duty Truck Buckhead: 2 Black leather love seat 1 3 cushion black leather couch 3 Black leather lounge chairs 3 glass coffee tables 4 High top tables 10 Bar stools metal/cloth cushion 2 Sony 42" LED TV 1 Insignia 42" HDTV 1 Sharp 42" HD TV 2 JBL 2 Yamaha 1 Mackie subwoofer 2 Projectors 1 Aloha POS Terminal 1 True reach in 2 compartment cooler 1 Ice well with 2 speed rails 1 True 3 compartment cooler 1 48x36 Fish Tank/Aquarium Prep Kitchen Downstairs 1 Manitowoc ice machine 1 M3 Turbo Air freezer 1 Artic Air Commercial fridge 1 Sink with prep area 48lx36h x30d 1 3 compartment sink with prep area 92w x 26d x 36 h 1 dish pit with sink 1 handwash sink 1 Valley walk in cooler 1 Valley walk in freezer 2 Prep tables 5 Small kitchen racks 16 Large kitchen racks Office 1 Metal shelving 55h x 36w x 14d 1 wooden 3 drawer cabinet 1 office desk wood/metal 1 Large Combination Safe 1 Network server case 2 Brother printers 2 dell desktop towers 1 dell 20" monitor 1 Crown amplifier 1 Yamaha reciever Serving Floor Upstairs 17 4 top tables 6 double booths with cloth cushion 2 single booths w/ cloth 14 bar stools metal/cloth 40 chairs metal/cloth 7 plastic 4 top tables (outdoor) 28 plastic chairs (outdoor) 1 3 door Safelight portable bar 1 Black leather love seat 1 Harmon Kardon reciever 1 Pro FX8 Mixer 2 QSC Amplifiers 3 POS Terminals 1 Mackie Subwoofer 3 JBL Speakers 2 60x48 canvas painting 2 fish tanks Kitchen upstairs 1 Prep table 30w x 36h x 18d 1 2 shelf sink w/ prep area 36h x 84l x 30d 1 Magic Chef mini fridge 1 Hand washing sink 1 2 door True fridge 2 3 door True fridge 1 case 2 4 burner stove 1 Imperial broiler 2 Imperial fryers 1 6 drawer chefs cooler 1 Hood 1 Expo line with heat lamp Bar 1 2 door True keg cooler 1 3 door True Cooler 1 2 door True reach in cooler 2 ice wells with 2 speed rails 2 bar glass shelving unit 24w x 30t x 20d. 2 Perlick hand wash sinks Virginia Highland: UPSTAIRS KITCHEN QTY Item 1 Prep table 30w x 36h x 18d 1 2 shelf sink w/ prep area 36h x 84l x 30d 1 Hand washing sink 1 tall reach in fridge 2 reach in fridge 1 case 2 4 burner stove 1 broiler 2 fryers 1 Hood 1 Expo line with heat lamp 1 3 compartment sink with prep area 1 dish pit with sink 1 hand wash sink 1 freezer DOWNSTAIRS PREP KITCHEN QTY Item 1 ice machine 5 4 shelf metal rack 2 9shelf rolling speed rack 4 hotboxes/food warmers 2 cases 1 case 11 patio chairs 2 prep tables 1 4top patio table 1 large portable cooler 4 rice cooker 2 walk in freezers 1 sink 2 fryers 1 dolly 7 magnawave systems UPSTAIRS QTY ITEM 12 chairs 27 bar stools/hightop chairs 2 highchairs 2 booster seats 10 2 top tables 5 4 top tables 5 2 person high top tables 1 built in hostess stand 1 Miso warmer 1 6 Fountain Drink Dispenser 1 Server Station 1 ice machine 3 hot tea display box 3 ice buckets 2 ice scoops 1 ice scoop 2 trash cans 1 cordless kettle 1 3 shelf utility rolling cart 1 3 shelf rolling cart 2 3 shelf wire rack 5 wall mounted metal shelves 4 POS terminals 6 receipt printers 3 backup battery 1 phone 1 cash register/drawer 2 chalkboards for specials 3 double sided booth seats 2 single booth seats 1 4 person rounded booth 1 long built in booth seat BAR QTY ITEM 1 reach in fridge 2 handwash sinks 3 Steel Liquor bottle shelf 1 reach in fridge 2 ice wells with 2 speed rails 1 draft system ART/DÉCOR/ETC QTY Item 5 hanging light fixtures/pendants 3 round wall décor/ fans 10 hanging sake kegs 4 small paintings 1 large painting 1 large mirror 2 bathroom vanity light fixtures 1 pendant light fixture 2 aquariums 2 42" LED tv's 1 32" LED tv 2 automatic hand dryers 3 automatic paper towel dispensers 2 2 roll toilet paper holders 3 automatic foaming hand soap dispenser 1 long mirror PATIO QTY Item 42 metal patio chairs 12 4top tables 4 ceiling fans 4 light/wall sconces 4 infrared heaters 2 42" LED tv's OFFICE QTY Item 1 network server case 1 smc modem 1 internet switch 1 wireless router 1 firewall 2 printers 1 printing station(nonworking) 3 desks 17 POS terminals 2 sumo wrestler costumes 5 storage containers full of xmas décor 1 metal wall shelf 2 2 shelf wire rack 1 wall mounted 3 shelf rack 1 combination safe 1 3 drawer side table 2 4tier shelves 1 black futon 2 backup battery 3 computer monitors 2 tall lamps 1 desk lamp 1 monitor 1 stereo receiver 1 8channel dvr 2 phones 6 wired keyboards 2 wireless mouse 2 desktop speakers 1 tea urn 1 glass sake urn 11 4 shelf metal racks 2 alarm keypads 1 alarm keypad 1 bar dishwasher 1 kitchen dishwasher Sandy Springs: Serving Floor Qty Item 9 2 Top Tables 14 4 Top Tables 2 6 Top Tables 1 5 Top Round Table 50 Short Charis 26 Tall Chairs 3 Lounge Chairs 2 Sm circle Lobby tables 1 Lg Circle Lobby Tables 4 Kids High Chairs 3 Booster Seats 2 Big Fish Tanks (gallons Unknown) 1 Jelly Fish Tank 6 Single Seat Booths 2 Double Sided Booths 2 6 Top family style Booths 1 5 top circle booth 1 3 compartment Cabinet 1 2 compartment Cabinet 1 Host Stand 3 TV 1 48 x 24 canvas painting Server Station Qty Item 1 Hand Washing Sink 1 6 Fountain Drink Dispenser 1 Server Station 1 Tea Maker 2 Tea Urns 1 Miso Pot 1 Mini Fridge 1 2 Shelf Wire Rack 1 3 Shelf Wire Rack Prado Kitchen Qty Item 1 Grill 1 Stove 2 Cases 2 Deep Fryers 1 Sink 2 Kitchen Sinks 3 Kitchen Fridges 3 Rice Warmers 1 Kitchen fridge 1 4 Drawer Storage Bar Qty Item 1 Can Cooler 1 Keg Cooler 2 Bar Wells 2 Ice Wells 1 Sake Machine 2 Hand Sinks 2 Beer Case Stands 1 3 row Shelf 1 3 Slot glass rack 10 3 Slot Stemware rack Back Kitchen Qty Item 1 Manitowoc Ice Machine 1 Noritz tank-less hot water heater 1 Dish Rack/drink rack prep area 1 3 compartment sink 1 3 shelf rack 4 5 shelf rack 1 True Freezer (portable) 1 Leer walk-in cooler 1 Leer walk-in freezer
Support & Training:
Yes
Reason for Selling:
Other
Business Website:
http://www.wesellrestaurants.com
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Eric Gagnon

Business Listed By:
Eric Gagnon

We Sell Restaurants

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

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