Million Dollar Bar for Sale in Atlanta - Unmatched Profits Owner Financing

Bar for Sale in Atlanta is Highly Successful and Very Profitable!  This one has it all!  Atmosphere, full liquor sales, DJ, limited food and hookah service.  

Atmosphere has been described as "Very casual and chill but lively at the same time."  Limited menu means you can give patrons a few options while they are drinking so you rack up the profits!  This bar for sale in Downtown Atlanta has nearly zero food costs and very high profits based on liquor sales of over $1.1 million dollars and it can be yours!  Owner will do some financing for the right buyer. 

Open for a little over a year, this profitable Bar for sale is showing great top line sales and profit. One of the main reasons for its success is the amazing location...walking distance from many of Atlanta's top attractions like World of Coke, Centennial Park, and the Georgia Aquarium.  You would think a 3000 square foot site like this would be expensive, but the owner has an unheard of lease rate at less than $5000 per month.  With three years left on the initial term of the lease and a 5-year option to renew, the new owner's success is guaranteed when you buy this bar for sale offered by the restaurant brokers.  

In it's first year of operation, this successful and profitable bar for sale generated over $1.1 Million in sales and the owner reports cash flow in excess of $400,000. That's easy to do on almost full alochol sales and very little food.  The site seats approximately 120 inside and boasts and outdoor patio for tons of additional seating.  Patrons at this bar for sale are ready to see and be seen in the metro Atlanta scene and it's a favorite on social media.  Terrific atmosphere for listening to music, dancing, a lite bite, great drinks, or just a fun place for an evening out in downtown Atlanta. 

Limited hours -- this operation is closed on Monday and operates 7pm to 3am most other nights. 

The owner is open and willing to work with a new owner to help continue with the success of this Bar and Lounge.  The owner has other priorities that require his time so he needs to sell this business quickly and has it priced to sell at way less than the industry standard of two-times earnings.  For the right buyer with a significant amount for down payment, the seller would consider some owner financing.

For more information on this Highly Successful and Profitable Bar for Sale in Downtown Atlanta, be sure to register electronically and sign the online confidentiality agreement by clicking "CLICK HERE FOR NAME AND ADDRESS"  Please feel free to contact your Certified Restaurant Broker, Cyndi Weinbaum at cyndi@wesellrestaurants.com or call (770) 851-5194 today!
 

Listing

  • Listing#: 5245
  • Price: $599,000
  • Location: Atlanta
Lease Term: 3 years left with 5 year option
Monthly Rent: $
Indoor Seating: 120
Inside Sq. Ft: 3000
Hood System: Yes
Hours Open: Closed Monday Tuesday - Sunday 7PM - 3 AM
# of Part-Time Employees: 26
# of Full-Time Employees: 4
Gross Sales: $1,123,498
Owner Benefit: $477,620

Features

  • $1M + Sales First Year of Operation
  • Owner Reports $400K + in Profit
  • Great Downtown Atlanta Location
  • Exceptionally Low Rent
  • 3000 Square Feet with Stunning Upscale Designer Finishes
  • Full Alcohol License
  • Potential for Owner Financing for the Right Buyer
  • Bar for Sale