Metro Atlanta Hookah Bar, Club, Restaurant & After Hours Lounge for Sale
Metro Atlanta Hookah Bar, Club, Restaurant & After Hours Lounge for Sale
#4058 Restaurant and Hookah Bar 6,000/sf. Capacity 500. Two Bars. Long-term lease at $9800 per month all in. Well established. Full kitchen. 2018 Gross Sales was $1,394,497.93 with $300,000 Net Profit plus an additional $120,000 annually in cover charges. 2019 Gross Sales $1.800,000 2019 Net Profit $400,000 2020 Gross Sales $2,600,000 2020 Net Profit $700,000 2021 Gross Sales $3,126,016.04 2021 Net Profit $1,420,000 $4,000 weekly door charges are in addition to sales and profit. Full Staff in place includes GM. Food 25% of Sales. Outdoor Patio. Tons of dedicated free parking. After Hours Lounge: 3,500/sf. Capacity 100. Open six nights. Long-term lease at $4200 per month all in. Hookah and Food Only. Liquor License Available. Hookah sales are at 75% with Food at 25%. 2019 Gross Sales are $180,000 monthly with $72,000 Net Profit. 2020 Gross Sales are $440,000 with $165,000 Net Profit. 2021 Gross Sales $391,216.59 2021 Net Profit $120,000 Full staff in place. Tons of dedicated free parking. Priced at $4,200,000
Location
Country: | USA |
State or Province: | GA |
City: | Norcross |
Location Zip or Postal Code: | 30071 |
Listing Information
Title of Listing: | Metro Atlanta Hookah Bar, Club, Restaurant & After Hours Lounge for Sale |
Number of Locations: | 1 |
Number of Seats: | Less than 50 |
Size: | 10,000, Square Feet |
Number of Employees: | Less than 10 |
Financial Details
Asking Price: | $4,200,000 |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | Under $100,000 |
SDE Range: | $100,000 |
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