Metro Atlanta GA Multi-Unit Hookah Bar, Club & Restaurants for Sale – Buy One or All Three – $1,250,000 2020 Net Profit

by Steven Josovitz

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#3080

Restaurant and Hookah Bar

  • 6,000/sf.
  • Capacity 500.
  • Two Bars.
  • Long-term lease at $7800 per month all in. 
  • Well established. 
  • Full kitchen.
  • 2018 Gross Sales was $1,394,497.93 with $300,000 Net Profit plus an additional $120,000 annually in cover charges. 
  • 2019 Gross Sales $1.800,000
  • 2019 Net Profit $400,000
  • 2020 Gross Sales $2,600,000
  • 2020 Net Profit $700,000
  • 2021 Gross Sales $260,000 monthly
  • 2021 Net Profit $50,000 monthly
  • $4,000 weekly door charges are in addition to sales and profit.
  • Full Staff in place includes GM. 
  • Food 25% of Sales. 
  • Outdoor Patio. 
  • Tons of dedicated free parking. 

Lounge:

  • 3,500/sf.
  • Capacity 100.
  • Open six nights. 
  • Long-term lease at $4200 per month all in. 
  • Hookah and Food Only. 
  • Liquor License Available.
  • Hookah sales are at 75% with Food at 25%.
  • 2019 Gross Sales are $180,000 monthly with $72,000 Net Profit. 
  • 2020 Gross Sales are $440,000 with $165,000 Net Profit.
  • 2021 Gross Sales are $40,000 monthly with $15,000 Net Profit.
  • Full staff in place. 
  • Tons of dedicated free parking. 

Restaurant and Hookah Bar priced at $1,500,000

Nightclub & Restaurant

  • 10,000/sf.
  • Capacity up to 900.
  • Two Bars.
  • Long-term lease at $10,000 per month all in. 
  • Full kitchen.
  • Open six nights only. 
  • 2019 Gross Sales $600,000. 
  • 2019 Net Profit of $240,000. 
  • 2020 Gross Sales $1,000,000
  • 2020 Net Profit $385,000
  • 2021 Gross Sales $120,000 to $130,000 monthly.
  • 2021 Net Profit of $50,000 monthly.
  • Tons of dedicated free parking. 
  • Full Staff in place includes GM. 
  • Food 25% of sales.
  • The owner works 20-hours weekly. 

Priced at $1,000,000.

All three-businesses priced at $2,500,000.

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