Downtown Atlanta GA Freestanding Restaurant, Bar & Patio for Sale
Business Description
Downtown Atlanta GA Freestanding Restaurant, Bar & Patio for Sale – 2024 Net Profit $803K – Great Books – Well Established – Absentee Owner
Downtown Atlanta GA Freestanding Restaurant, Bar & Patio for Sale
Freestanding 6,150/SF.
Seating for well over 100.
Bar seating for 25,
Outdoor seating 50.
Monthly Rent is $12,000.
Real Estate Annual Taxes $22,081
Real Estate Annual Insurance $6,239.
$2,794 Solid waste tax bill paid annually.
10-year lease.
2024 Gross Sales: $2,836,801.62
2024 Net Profit: $803,204
Comments:
Absentee Owners do not run any shifts and or open or close.
GM salary – $75,000 + Bonus
KM – $45,000
Full Staff in Place makes for a flawless transition.
Hot Location.
60/40 Food to Alcohol Mix.
Well Established.
Keep or Convert
Clean Books.
Priced at $2,000,000.
Downtown Atlanta GA Freestanding Restaurant, Bar & Patio for Sale
Freestanding 6,150/SF.
Seating for well over 100.
Bar seating for 25,
Outdoor seating 50.
Monthly Rent is $12,000.
Real Estate Annual Taxes $22,081
Real Estate Annual Insurance $6,239.
$2,794 Solid waste tax bill paid annually.
10-year lease.
2024 Gross Sales: $2,836,801.62
2024 Net Profit: $803,204
Comments:
Absentee Owners do not run any shifts and or open or close.
GM salary – $75,000 + Bonus
KM – $45,000
Full Staff in Place makes for a flawless transition.
Hot Location.
60/40 Food to Alcohol Mix.
Well Established.
Keep or Convert
Clean Books.
Priced at $2,000,000.
About the Business
- Facilities & Assets
- Freestanding 6,150/SF.
Seating for well over 100.
Bar seating for 25,
Outdoor seating 50.
Monthly Rent is $12,000.
Real Estate Annual Taxes $22,081
Real Estate Annual Insurance $6,239.
$2,794 Solid waste tax bill paid annually.
10-year lease. - Website
- https://www.shumacher.com/downtown-atlanta-ga-freestanding-restaurant-bar-patio-
- Market Outlook / Competition
- Ask broker
- Opportunities for Growth
- Ask broker
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 6,150
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Absentee owner
- Transition Support
- Full Staff in Place makes for a flawless transition.
Listing Info
- ID
- 2360356
- Listing Views
- 1409
Listing ID: 2360356 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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