Buckhead Upscale Restaurant, Bar and Ultra Lounge with Outdoor Seating – Hot Location – State of the Art Kitchen w/Wood Fired Oven – $500,000 Net Profit on Almost $3mm Gross & Provable – Owner Financing Options

by Steven Josovitz

Post image for Buckhead Upscale Restaurant, Bar and Ultra Lounge with Outdoor Seating – Hot Location – State of the Art Kitchen w/Wood Fired Oven – $500,000 Net Profit on Almost $3mm Gross & Provable –  Owner Financing Options

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Buckhead Upscale Restaurant, Bar and Ultra Lounge with Outdoor Seating.

Hot Location.

Over $1,000,000 in hard costs was spent to open doors in addition to cost of Real Estate.

No expense was sparred to create this stunning space.

Features include 20-seat granite bar, modern lighting, modern decor, state of the art sound and video system, hi tech DJ booth, touch screen POS System, super hi ceilings, and fully equipped kitchen with a $30,000 wood burning oven.

Valet parking and plenty of on-site parking. This space is a stunning, fresh and cool Buckhead restaurant, bar and ultra lounge.

Seating for 100 with 20 seat bar and 40 seats outdoors. The space accommodates 300 plus in lounge layout.

Seller grossed $2.6M in 2015 with a $500,000 net profit.

2016 numbers are great with gross sales at $250,000 per month with owner pulling out $40,000 plus monthly.

Long term lease currently at $11,300 all in.

Keep as is which is 100% turnkey from day one or convert to any upscale or casual restaurant and or lounge concept.

Priced at $1,000,000 with some Owner financing options.

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