This full-service restaurant and bar in an upscale neighborhood (Buckhead) have been growing and profitable for over 3 years. A great opportunity for an experienced operator or restaurant group to acquire a premium Atlanta restaurant in an upscale neighborhood with an attractive long-term lease. The business’s consistent growth, profitability, customer loyalty, and brand recognition make it an attractive investment. This proven model draws customers, students, family, fans and friends in and keeps them coming back for more.
Sales have been steady and very strong. In 2021 and 2022 sales were $3,939,638 and $4,058,420.42 with the owner taking profits of $692,434 and
$940,023. All financials can be verified with excellent books. The sale of the restaurant qualifies for SBA lending and this restaurant could be yours with as little as 25% down. The restaurant employs 60 staff members with 20 BOH and 40 FOH and 4 managers. Business is open seven days per week for lunch and dinner. Business has a lot of potential and has built up a solid following with a lot of room for growth.
The local area demographic is increasing with new population moving in and living facilities being built. That means more catering opportunities, and increased people mean increased meals and sales.
This business is being marketed with the utmost confidentiality and a signed non-disclosure agreement (NDA) and proof of funds are required in order to discuss additional details as there are tenured employees who have been part of the team for a long time.
Asking Price: $1,875,000