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RESTAURANT FOR SALE/LEASE
Atlanta Sports Bar for Sale - Hot Profits
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We Sell Restaurants presents a franchise sports bar restaurant for sale. Great franchise Tex Mex sports bar themed location features a brilliant build out package and even better food. State of the art audio and video system featuring all of the sports programming fans and families are looking for. Clients also enjoy action packed video games while they wait to dine or after the meal.
Delicious food and outstanding beer selection keeps the entire family happy and coming back for more. The food is fantastic and this franchise concept has service down pat on a sports bar that offers more than the rest whether you're with family or friends, co-workers or teammates.
This franchise established in 1994 has created consistency in fresh food, presentation, and service in a segment of fast casual that consumers can't get enough of.
Sales for 2008 were a healthy $1.7 Million with a return to the owners of $130,000. Outstanding lease for a 4600 square foot space with a 900 square foot patio is only $7250 - well below market value AND it's fixed rent from 2009 - 2017 at only $8000 a month. The new owner will have plenty of potential for earnings on this low fixed cost.
Large and fully equipped kitchen with grease trap, hood, coolers and all the equipment you need to handle the crowds on game night. Corporate owner is absentee and wants to sell so they can continue growing this concept. Some potential for owner financing on a portion of the purchase for the right individual.
RENT: Excellent rent terms on prime shopping center space with tons of parking and A++ location.
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General Information
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| Listing Status: |
Available |
| Price: |
$299,000 |
| Location: |
Atlanta-Restaurant-for-Sale |
| Last Year's Annual Gross: |
$1,754,550 |
| Last Year's Adjusted Net: |
$145,000 |
| Lease Information: |
Expires 1/31/17 plus 5 yr option |
| Monthly Rent: |
$8,000 |
| Liquor License: |
Beer/Wine/Full Liquor |
| Indoor Seating: |
100 |
| Outdoor Seating: |
40 |
| # of Part-Time Employees: |
20 |
| # of Full-Time Employees: |
8 |
| Hours Open: |
Mon-Tuesday 11am to Midnight
Wednesday - Saturday 11am to 2am
Sun 12pm to Midnight |
| Year Established: |
2007 |
| Inside Sq. Ft.: |
7250 |
| Hood System: |
Yes |
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Highlights
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- Franchise Tex Mex Sports Bar
- Earnings of six figures
- Excellent High Traffic Location
- Great Lease - 15 years Available at very Attractive Pricing
- Proven Concept
- Potential for Partial Owner Financing for Qualified Buyer
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The information contained in this offering profile was provided by the Seller and is believed to be accurate. We Sell Restaurants has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents the last year's owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.
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