North Atlanta Suburban Restaurant, Bar & Lounge w/ Large Separate Private Room that can hold up to 300 guests in addition to main dining room.
For sale is an iconic and well known full-service casual restaurant & bar with large room for private events.
Great visibility, Great Frontage, Great Signage and plenty of parking.
High income/ high traffic suburban North Atlanta location with tons of daytime office, retail, and thousands of residences making this a 24/7 spot minutes to everywhere
Approximately 7000/sf with seating for 210 in the master dining room, 22 seat bar, 30 on patio and 4750/sf. private dining room that seats 200 with 16-foot bar.
Well established for almost twenty years with the same owner.
Owner spent $700,000 on space including upgrades over the years. Everything is up to code. Seller warrants that everything will be in full working order.
Below market rental rate of approximately $7,500 monthly plus CAM of additional $1200 per month.
The five-year lease has an additional five-year option to renew.
The owner pulls out between $150,000 to $160,000 annually. Net profit is after paying all expenses, GM, Chef and Staff.
Keep as is or convert to any concept.
Priced at $249,000 with some Owner financing. The owner would also consider Partnering with a qualified and seasoned restaurant professional who puts down substantial down.
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