Atlanta Area Long Standing and Profitable Restaurant for sale with full bar. Annual Revenue Tops $2 Million. Annual earnings for a full time Owner Operator Of $130,000. Managers are in place and long-term Service Kitchen Staff. Should Qualify For SBA Lending with as Little as 20% Down For a Well Qualified Buyer.
Own this Turn Key Profitable Restaurant for sale
and Bar conveniently located less than 10 miles northeast of downtown Atlanta Georgia in DeKalb County. The area surrounding this Restaurant is experiencing tremendous growth. A large shopping complex remodel, two new high occupancy apartments, and a newly announced Emory Health Care anchor to Northlake Mall bringing over 1600 jobs and other businesses are all in the works that will only increase the already strong sales volume of OVER $2.1 MILLION in Revenue. This area is home to Lakeside High School, one of the best around and six hotels within a half mile of the restaurant with the seventh under construction.
The restaurant for sale is 4800 square feet and can seat 160 inside. Patrons can sit at the inviting horseshoe shaped bar, bar high tops, or comfortable booths and tables in the restaurant area. The layout is great because they can easily accommodate families in the restaurant and sports fans in the separate bar area. There's even seating outside for those beautiful fall days. Annual Rent, Including CAMS, comes to just about 8% of Sales. The owners have spared no expense in keeping the restaurant in A1 Condition. A new owner gets the benefit of a business that has been an area favorite for over 35 years, but with over $100,000 in new equipment and renovations spend in the last five years, much of it in the last six months. A new HVAC Unit was replaced in 2019 along with a new ice machine, ceiling tiles, and camera system. Other upgrades to the booths, furniture and decor have also been completed. Contact We Sell Restaurants
The kitchen at this restaurant for sale is a chef's dream and ample in size to handle the volume this profitable Atlanta area restaurant produces. Separate walk-in Freezer and Cooler, giant hood, office, prep space, etc. are all designed to handle revenue of approximately $175,000 per month. The menu is simple and has every one's favorites such as burgers, steaks, salads, appetizers, and many other great choices. They even do an amazing weekend brunch. One of the owners would consider staying on for an extended period of time to assist the new owner.
If you are looking for a long standing profitable restaurant with high six figure earnings in the Metro Atlanta Area with great books and records and a strong team in place, call today for this restaurant for sale.
This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval.
The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios.
The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise.
The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.
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