#863

Midtown Atlanta Full Service Restaurant & Bar w/ Outdoor Dining “Fully Equipped Turnkey”

Undercapitalized Operator is forced to sell this stunning restaurant at the base of an awesome Midtown Hi Rise. Seen by everyone due to its incredible location surrounded by tremendous auto and pedestrian traffic. Surrounded by office and residential hi rises, colleges, retail stores, restaurants makes this a major destination spot for any concept.

5450/sf. Seating for 150 in main dining room includes a private dining room that seats 60. Full service bar and lounge seats 30. Outdoor courtyard patio seats 80 but has hosted cocktail reception for up to 225 guests. Kitchen is a chef’s dream and is state of the art with everything needed to produce any cuisine at any volume. Neutral dining room decor and colors makes conversion to any concept a breeze.

Full front and back of the house staff in place for flawless transition. 2010 annualized profit should be about $120,000.

Long term lease at below market rate of $20.00/psf plus CAM of $7.50/psf. Total rent comes to $12,489.58 per month that includes water, trash and security. Free rent to May.

Priced at $265,000. Seller would entertain partnership and or investment opportunities as well.

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