Home / Propertie / City Of South Fulton Ultra Lounge/Restaurant/Hookah Lounge For Sale
$500,000

City Of South Fulton Ultra Lounge/Restaurant/Hookah Lounge For Sale

This Contemporary cocktail/hookah hot spot with a Southern-inspired tapas menu, a great opportunity for a first-time business owner or someone looking to get into the nightlife industry/ The lounge grossed over three million dollars pre-COVID with the seller taking home over a million dollar in profits. Currently, the lounge is only open 4 night per week and grossing over 110K per month with the seller taking home $15,000 per month after all expenses.

This unique restaurant has a full kitchen, bar, VIP sections and serves hookah. Situated in a prime shopping center with national tenants, less than a mile away from major highways. 4,500 sf with a long-term lease and gross monthly rent of $4,500

Full staff in place including management, security, bartenders, kitchen staff and seller is willing to train for a couple of weeks to insure a smooth transition.

Asking Price: $500,000
Gross Revenue: $1,242,000
SDE: $175,000
FF&E: $150,000