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$1,000,000

Iconic Atlanta Bar/Restaurant 30 Years In Business (Absentee Owner)

An iconic Neighborhood tavern/Restaurant located in Atlanta for sale, have been in business for over 30 years under the same ownership (absentee). 4,503 +/- square feet space with a lot of character, nice patio and plenty of parking.

This gem of a neighborhood pub boasts a big bar and comfortable dining room— patrons just love it. A small kitchen with a very creative menu that can be further enhanced with your ideas. Yearly sales of $1,356,000 with net profit of over $250,000 for an absentee owner. The sales have been consistent for many years and with major expansion potential if the new owners add a good audio-visual package for sporting events, open for lunch and late night.

FACILITY: Classic Neighborhood Tavern
PARKING: Plenty of parking
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: Landlord will sign a new lease with long terms.
GROSS RENT: $11,400
CONCEPT: Pub/Restaurant
SIZE: 4,503 +/- square feet plus patio

PROOF OF FUNDS AND SIGNED NDA MUST BE RECEIVED PRIOR TO DISCLOSING ANY FURTHER INFORMATION. THIS IS AN OPERATING BUSINESS; PLEASE REFRAIN FROM SPEAKING TO STAFF OR MANAGEMENT.

Asking Price: $1,000,000
Gross Revenue: $1,356,000
SDE: $250,000+
Inventory: $2,500
FF&E: $100,000