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RESTAURANT FOR SALE/LEASE
Neighborhood Club Serves Up Alcohol and a Profit
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Sleek and modern, warm and inviting. this lounge's decor and mood captures the attention of all who relax by the custom painted walls, giant paintings and eclectic video projections.
Enjoy an extensive selection of wine, liquor and beers. Folks know where to go late night when they want a nightcap.
This destination lounge delivers a six figure profit on the books for the owners. Off the book door money.
DJs and musicians play live Monday thru Saturday.
Outstanding location has rent of $2400.00 a month. Incredible off street parking to handle the crowds.
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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: |
$400,000 |
| Last Year's Adjusted Net: |
$100,000 |
| Lease Information: |
Valid thru 2012 - Add'l years to be negotiated |
| Monthly Rent: |
$2,318 |
| Liquor License: |
Nightclub - no Food |
| Indoor Seating: |
40 |
| # of Part-Time Employees: |
15 |
| Hours Open: |
Monday - Thursday 8pm to 2am
Friday Sat 8pm to 3am |
| Year Established: |
2000 |
| Inside Sq. Ft.: |
2000 |
| Hood System: |
No |
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Highlights
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- Nightcap Destination and Neighborhood Bar
- Serves up Alcohol Only for Lots of Earnings
- High Profit Earnings of Six Figures
- Excellent Lease with long term options
- Plenty of Parking - over 125 spaces rare for this location
- Extension Selection of Liquor, Wine and Beer
- DJ and Dancing Most Nights
- $100,000 in earnings on the Books
- Off Book Income from Door Money
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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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