Atlanta Ultra Lounge, Hookah Bar for Sale w/Full Kitchen – Over $1M Net Profit – NEW AMAZING PRICE

Atlanta, GA Restaurant for sale:

Atlanta Ultra Lounge, Hookah Bar for Sale w/Full Kitchen – Over $1M Net Profit – NEW AMAZING PRICE


#4067

Atlanta Ultra Lounge & Hookah Bar for Sale.

Over $1M Net Profit.

8,942/SF.

Full kitchen.

Rent at $9080 monthly.

2021 $1,064,266 Net Profit

2021 $2,112,227 Gross Sales

Staff breakdown by position and pay:

Waitress $2.42 Hourly + Plus Tips

Bartender $2.42 Hourly + Plus Tips

Barback $5.87 Hourly+ Plus Tips

GM Salary: $78,000

Assistant Managers salaries: $150 a shift

Security ($2500-$4500 Weekly)

Mint Condition.

Full Staff.

Luxurious State of the Art Space.

Priced at $1,500,000.



Location

Country:

USA

State or Province:

GA

City:

Atlanta

Location Zip or Postal Code:

30304

Listing Information

Service Type:

Sit-Down Table Service

Title of Listing:

Atlanta Ultra Lounge, Hookah Bar for Sale w/Full Kitchen – Over $1M Net Profit – NEW AMAZING PRICE

Number of Locations:

1

Number of Seats:

Less than 50

Size:

8942, Square Feet

Number of Employees:

Less than 10

Financial Details

Asking Price:

$1,500,000

Gross Revenue Range:

Under $500,000

EBITDA Range:

Under $100,000

SDE Range:

$100,000

Total Monthly Rent:

$9,080

Contact Listing Owner