Atlanta, GA Bar and Entertainment Venue for Sale. Unique Concept!

Print Listing
Price: $579,999
Location: Fulton County
Listing ID: 398
DESCRIPTION

Buy this Atlanta, GA, Bar and Entertainment Venue for sale, which had sales over $2,000,000 in 2023. This turn-key unique event space offers a 50-foot-long bar, over 40 beer taps, occupancy for 500 customers, and games! It is known for date nights, corporate team-building events, birthday parties, and happy hour.

EATS Broker brings this rare Atlanta, Georgia, Restaurant and Bar for sale opportunity to the market. This entertainment location is nestled minutes from the heart of downtown in a mixed-used property consisting of office space, retail shops, and restaurants.

The current ownership group spent over $2.6 million total on the build-out, with over $1 million on games for this one-of-a-kind space. This business comes with 50 arcade games costing over $900,000.

The venue is 16,000 square feet and rents for only $38,000 monthly, including CAMS. This is an unbelievable lease rate for the prime location, and the lease has 7 years remaining.

Seize the opportunity to take this concept to new heights as an Owner/Operator. The current owner is not involved in the business, leaving ample room for marketing, customer service, and food costs improvements. With these enhancements, profitability is set to soar, making this a lucrative investment for the right buyer.

The menu features boneless wings, traditional wings, fries, nachos, burgers, and flatbreads. You don’t have to be a chef to own this Atlanta Restaurant and Bar for Sale; the money is in the liquor sales and games!

Dynamic restaurants and bars don’t come on the market for sale like this often; this is a concept that is different than most! This is an opportunity for the right ownership group to take over an established business model for pennies on the dollar to build out of the space.

Our seller requires that we pre-screen buyers by getting proof of funds. The proof can be in the form of a recent bank statement, recent brokerage statement, 401K, or letter from your banker before providing additional financials on this Restaurant.

Contact the Restaurant Broker at EATS Broker today about this exciting opportunity. If you have any questions, please contact Restaurant Broker Dominique Maddox at 404-993-4448 or [email protected].

LISTING DETAILS
Net Sales: $2,038,995.00
Owner Benefit: $180,0000
Monthly Rent: $38,145
Square Footage: 16,577
Lease Terms: Expires October 2029 plus (3) 5 year options
Reason for Sale:

Out of state absentee owner

Training and Support:

Yes owner will provide training.

OPERATION
Year Established: 2021
Days & Hours of Operation: Monday-Closed, Tuesday-Wednesday 5:30-12pm Thursday-Friday 5:30pm-2am, Saturday 2pm-12pm, Sunday 2pm-11pm
Owner Hours Per Week: 0
Employees: 20
LOCATION
Monthly Rent: $38,145
Square Footage: 16,577
RESTAURANT FEATURES

Location is over 16,000 sq.ft.
Fully equipped with furniture, fixtures, and 50 arcade games
Sales over $2,000,000 in 2023
Great lease terms for this booming area

For more information on this listing, please complete our Non-Disclosure Agreement

CONTACT RESTAURANT BROKER

DOMINIQUE MADDOX

Phone: 4049934448
Email: [email protected]