Home / Propertie / 3 Nights A Week Speakeasy Bar in Lagrange, GA
$168,000

3 Nights A Week Speakeasy Bar in Lagrange, GA

3 night a week operation, bar/lounge that has developed into a local favorite nighttime establishment in prominent downtown Lagrange. Being sold with all tenant improvements, furniture, fixtures, and equipment. Very good gross and net. Awaiting a new owner to make a GOOD living. In addition to the bar and lounge, there is a full-size kitchen with hood system, grease trap, flat grill, open flame grill, fryers and much more, current owner does not operate the kitchen but instead, they lease it to an individual who operates it and pays them rent, new owner, can take the kitchen operation and expand the menu.
The bar hosts college social events twice a month (weekdays) when the school is open, little marketing from a new owner to other colleges and companies can secure more private events thus more revenues and profits.
Current owner and his wife operate the business, they are open 3 nights a week (Thursday, Friday and Saturday) from 6 PM to 1 AM and there is a great opportunity to make more sales and profit by opening 7 days a week and maybe offering lunch.
Lagrange is a growing city, the new water park is almost finished, new tire distributor is under construction 20000 employee will be working in this new company and this is in addition to Kia plant.
Lagrange, GA, is about an hour away from Atlanta and commuting 3 days a week is not too much of a hassle giving the rewards.

Asking Price: $168,000
Gross Revenue: $300,000
Inventory: $2,500
Established: 2017