Steve Josovitz of The Shumacher Group, Inc. has sold the Midtown Tavern located at 554-B Piedmont Avenue, Atlanta, Georgia 30308. Steve Josovitz and The Shumacher Group, Inc. represented Seller and assisted Buyer thru the process to Close.
Midtown Atlanta Neighborhood Bar & Grill.
Heart of Midtown.
Located in the heart of Midtown Atlanta minutes to Downtown and Buckhead.
Super high traffic and high-density location with great street visibility afford new Owner a 24/7 market.
Open almost 15-years.
Keep as is or convert to any concept with a fully equipped kitchen that can pump out any cuisine at any volume.
Perfect space and location for lounge, hookah or any restaurant and bar concept.
Would also be perfect for a caterer or food production company that needs a kitchen.
Space is 5300/sf.
The bar has 25-beer taps.
A more food concept without billiard could easily expand seating.
Seating for 150 but seller seats only 90 to make room for billiards and darts.
Bar seats 24.
Outdoor patio seats 60.
Space has a full bar, dining room, billiard room, dart room and a large patio which is a neighborhood favorite.
Tons of parking options.
Monthly rent is $11,500 per month includes all extras.
2 years left on the lease with options to renew to be negotiated.
At this fire sale price Owner is not showing books and records other than expenses and fixed cost.
The owner has a full staff in place for an easy transition if kept as is.