Opportunities like this are rare and ideal as an investment for passive income through absentee ownership. All the hard work is done for these profitable bars and restaurants for sale Site selection, lease negotiations, branding, and ramp up. The group consists of two Bars and two higher end casual/fine dining restaurants all located in desirable North Fulton County Georgia. Two of the locations have been open and operating successfully for five years and have strong historical financials. The other two locations opened in 2019 and hit the ground running, Amazing long term lease rates combined with strong management and cost controls are just some of the many reasons these Pubs and restaurants are wildly successful.
North Fulton contains some of the highest ranked individual and household incomes in the state which translates to plenty of disposable income to spend eating out and on entertainment. Combined with plenty of corporate offices and businesses located in the area, both lunch and dinner traffic is strong. The menus of these bars and restaurants for sale are amazing and take traditional favorites and add a whole new level of flavor. Appetizers, Soups, Salads, Burgers, and main dishes are made from scratch with the freshest ingredients. Combine terrific food with an extensive list of local craft beers in addition to a full bar and you have a winning combination.
Each of the locations has a modern and inviting atmosphere complete with a combination of bar, table, booth and outdoor seating, yet each one maintains its own unique identity and appeal. The locations are on major roads with great visibility guaranteeing plenty of traffic both from residential and business customers so don't miss out. Inquire today about how you can own these profitable bars for sale from your restaurant brokers at We Sell Restaurants. Please note Buyers will be asked to provide proof of liquidity equal to 20% of the asking price or $1 Million prior to being provided name, address, and financials.
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.Please click on the tab below to easily acknowledge confidentiality on this Bars for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Steve Weinbaum at (770) 714-4552
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- Listing#: 7632
- Price: $4800000
- Location: North Fulton
- Profitable Restaurant Group - 4 Locations Generating 7-figure Earnings
- Annual 2020 Volume Forecast of Approximately $8.7 Million
- Forecasted Annual Owner Discretionary Earnings of $1 Million
- Absentee Run and Turn-Key, BOH and FOH teams in place
- Terrific Lease terms and Rates
- Great books and records should qualify for SBA Lending