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Profitable In Town Neighborhood Lounge for Sale

Listing 2068 Add to Favorites Printable Page Bookmark and Share Return to Listings
Sleek, modern, warm and inviting Atlanta club for sale. Profitable in- town neighborhood lounge. The décor of this lounge captures the attention and sets the mood of all who relax by the custom painted walls, giant paintings and eclectic video projections.

Customers have the option to enjoy a broad choice of either wine, liquor or beer available from the extensive selection that this bar has to offer. This is a unique nightspot that is regularly frequented by locals who 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, with additional off the book door money.

Regular entertainment provided by DJs and musicians that play live Monday thru Saturday. Business opens nightly at 8PM six nights per week.

Property features an outstanding location with an excellent rent of only $2400.00 a month for the 2000 SF that the business occupies that can be negotiated to include long term options. Additionally there is incredible off street parking capable of handling the demand of the crowds.


General Information
Listing Status: Available
Price: $299,000
Location: Atlanta Restaurants 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
Highlights
  • 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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