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Listing 3729
Midtown Atlanta Upscale Lounge & Bar for Sale is Moneymaker
Midtown Atlanta Upscale Lounge & Bar for Sale is Moneymaker

Midtown Atlanta upscale lounge and bar for sale offers live entertainment and martinis that keep the clients coming back for more.

This Midtown Atlanta upscale lounge and bar for sale is well established and super popular. This lounge in the heart of Midtown has clients raving about their memorable experience online.

Midtown is the second largest business district in the city of Atlanta, situated between the commercial and financial districts of Downtown to the south and Buckhead to the north. Midtown has a resident population of 30,000, a workplace population of 68,000, a student population of 20,000. The district attracts about six million visitors annually.

Midtown offers upscale residential, major arts venues, marquee office towers, the city's best restaurants, clubs and Piedmont Park -- who could ask for more.

This Midtown Atlanta upscale lounge and bar for sale is a perfect fit for the neighborhood with a great vibe that's been described as the perfect place for a date in the city. Great lease on this property with two years remaining at only $3500 per month including CAMS for a 2500 square foot lounge located on prime real estate. Rent includes free valet parking for your clients.

This cozy Midtown Atlanta upscale lounge and bar for sale is where the mature professionals and sophisticated mingle, wine and dine. Relax on one of the sofas with a Martini or enjoy a glass of wine in front of the fireplace.

Owner shows POS sales of $400,000 not including door charges for 2011 and sales have increased averaging $39,000 per month for 2012. Ultra lounge is only open 5 days a week. New operator can increase sales by opening more days a week or expanding current menu. Location does not have a hood system. Great for an owner that understand the lounge business and wants a high cash, low food operation with nights only.

Owner will stay on after closing to assist and train new staff and new Owner.

Call for more details - please note that you must be financially qualified to learn more about this confidential listing.

   restaurants buyers and sellers    restaurants buyers and sellers
Listing Details
Price: $295,000
Location: Atlanta

Property Info
Operations
Finance
Lease Term: Expires July 31, 2013
Monthly Rent: $3,278
Indoor Seating: 115
Inside Sq. Ft: 1987
Hood System: No
Hours Open: Tuesday-Saturday 5pm-2am
# of Part-Time Employees: 6
# of Full-Time Employees: 0
Lease Term: Expires July 31, 2013
Owner Financing: No
SBA Finance: No
Features
  • Established location with loyal clientele
  • Lounge located in High Income Demographics area.
  • Great rent for prime real estate
  • Large parking lot with valet service
  • Fantastic Midtown Atlanta Location
  • Great online reputation and reviews from clients raving about their memorable experience.
  • Adorable Live music venue
  • Mitdown Bar Lounge
restaurants buyers and sellers
restaurants for sale in atlanta