North Atlanta Suburban Three-Unit Neighborhood Restaurant & Bars for Sale – Buy One or All – Mint Condition – Keep or Convert – Profitable – Profitable w/Books to Prove

by Steven Josovitz

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#3051

North Atlanta Suburban Neighborhood Restaurant, Bars and Tavern for Sale

Buy One or All Three.

Mint Condition & Fully Staffed.

Keep concept or convert but the name is not included.

Stunning Buildouts.

Incredible nationally anchored locations.

Clean Books.

Unit One:

3282/sf

Rent $6615 all in.

Opened in 2013.

Relocated 1/2 block away in 2018 at a cost of $200,000.

2018 Gross Sales $873,048.

2018 Net Profit $18,858

2019 Gross Sales $815,020

2019 Net Profit 86,227

Net Profit is after paying General Manager $50,000 and full Staff.

Priced at $100,000

Unit Two:

2520/sf

Exterior Walk-In Cooler/Freezer.

Rent $6500 all in.

Opened in 2016.

Opening Costs $175,000.

2018 Gross Sales $1,030,291.

2018 Net Profit of $117,381.

2019 Gross Sales $1,048,431.

2019 Net Profit $119,495

Net Profit is after paying General Manager $55,000, Assistant Manager, and full Staff.

Priced at $100,000

Unit Three:

4051/sf

Rent $7764 all in.

Opened in November 2019.

Opening Costs $350,000.

2019 Gross Sales $272,049.

2019 Loss of $5,373 after opening costs

2019 Loss is after paying General Manager a yearly salary of $55,000, 2-Kitchen Managers, and full Staff.

Priced at $225,000

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