Atlanta Multi-Unit Hookah Bar, Club & Restaurant for Sale w/After Hours Club – $660,000 Net Profit

by Steven Josovitz

Post image for Atlanta Multi-Unit Hookah Bar, Club & Restaurant for Sale w/After Hours Club – $660,000 Net Profit

#2085

Unit-One:

  • 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 Sales and Profit tracking the same as 2018.
  • Full Staff in place includes GM.
  • Food 25% of Sales.
  • Outdoor Patio.
  • Tons of dedicated free parking.
  • $500,000 to open doors.

$795,000 includes Restaurant, Hookah Bar and After Hours Lounge.

Unit-Two:

  • 3,500/sf.
  • Capacity 100.
  • After Hour Club Only with hours 1AM6AM.
  • Open Friday and Saturday only.
  • 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 $15,000 monthly with $5,000 Net Profit per month.
  • $10 door charge for admittance.
  • Full staff in place.
  • Tons of dedicated free parking.
  • $100,000 to open doors.

Unit -Three:

  • 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 are $70,000 per month with $20,000 Net Profit per month.
  • 2019 year-end sales should come in at $1,000,000.
  • Tons of dedicated free parking.
  • Full Staff in place includes GM.
  • Food 25% of sales.
  • $300,000 to open doors.

Unit-Three priced Priced at $375,000.

All three-businesses priced at $1,000,000 .

Print Friendly, PDF & Email

Click here to sign up for our free email alerts
to get new listings, price changes, updates and news.

If you need more information about this or any of our other listings,
please click here to electronically fill out our CA/NDA.

Previous Listing:

Newer Listing: