Atlanta Hookah Bar & Restaurant for Sale w/After Hours Club – $40,000 Monthly Net Profit

Atlanta, GA Restaurant for sale:

Atlanta Hookah Bar & Restaurant for Sale w/After Hours Club – $40,000 Monthly Net Profit


#2084

Restaurant and Hookah Bar

- 6,000/sf.
- Capacity 500.
- Two Bars.
- Long term lease at $7800 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 Sales and Profit tracking the same as 2018.
- Full Staff in place includes GM.
- Food 25% of Sales.
- Outdoor Patio.
- Tons of dedicated free parking.
- $500,000 to open doors.


After Hours Lounge:

- 3,500/sf.
- Capacity 100.
- After Hour Club Only with hours 1AM–6AM.
- Open Friday and Saturday only.
- 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 $15,000 monthly with $5,000 Net Profit per month.
- $10 door charge for admittance.
- Full staff in place.
- Tons of dedicated free parking.
- $100,000 to open doors.
- Priced at $795,000.



Location

Country:

USA

State or Province:

GA

City:

Atlanta

Location Zip or Postal Code:

30316

Listing Information

Service Type:

Sit-Down Table Service

Title of Listing:

Atlanta Hookah Bar & Restaurant for Sale w/After Hours Club – $40,000 Monthly Net Profit

Number of Locations:

1

Number of Seats:

Over 150

Size:

6,000, Square Feet

Patio:

Yes

Number of Employees:

Less than 10

Financial Details

Asking Price:

$795,000

Gross Revenue Range:

Under $500,000

EBITDA Range:

Under $100,000

SDE Range:

$100,000

Total Monthly Rent:

$7,800

Contact Listing Owner