Thriving Franchise Restaurant and Hookah Lounge in Vibrant Sweet Auburn District
Discover an incredible opportunity to own a well-known and established franchise restaurant and hookah lounge, strategically located in the heart of Sweet Auburn, Atlanta’s most dynamic and trendsetting neighborhood. This prime location boasts a thriving community of local businesses and experiences heavy foot and vehicle traffic day and night, making it a hotspot for locals and visitors alike.
Strong financial performance in 2022:
Net Revenue: $1,559,378
Seller’s Discretionary Earnings (SDE): $187,092
Manager’s Salary: $70,000
Monthly Rent: $2,185
The restaurant operates seven days a week, offering a diverse range of experiences to its patrons. With five days of operation from 7:00 pm to 2:30 am, one day from 1:30 pm to midnight, and another day from 1:00 pm to 2:30 am, this business caters to a broad audience throughout the week.
Benefit from the convenience of an absentee-run operation, thanks to a capable management team already in place. The 1,200-square-foot space features a small yet fully equipped kitchen that churns out delicious food, along with a full bar to complement the vibrant atmosphere.
Situated on a corner parcel, the restaurant enjoys excellent visibility and continuous foot traffic along Edgewood Avenue, one of Atlanta’s essential nightlife streets. Embrace the energy of this iconic location, known for its inspired art and iconic bars, and capitalize on the ongoing trendsetting appeal of the district.
This is a unique chance to take over a thriving business in a sought-after location with excellent financials and growth potential. The landlord is open to extending the lease term, offering stability and a chance to build on the success of this remarkable establishment.Asking Price: $425,000