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Business For Sale; 58 -- Eating & Drinking Places; AMERICAN RESTAURANT.

Buckhead Upscale Restaurant, Bar and Ultra Lounge with Outdoor Seating.Hot Location.Over $1,000,000 in hard costs was spent to open doors in addition to cost of Real Estate.No expense was sparred to create this stunning space.Features include 20-seat granite bar, modern lighting, modern decor, state-of-the-art sound and video system, high tech DJ booth, touch screen POS System, super high ceilings, and fully equipped kitchen with a $30,000 wood burning oven.Valet parking and plenty of on-site parking. This is a stunning, fresh and cool Buckhead restaurant, bar and ultra lounge.Seating for 100 with 20 seat bar and 40 seats outdoors. The space accommodates 300 plus in lounge layout.Seller grossed $2.6 Million in 2015 with a $500,000 net profit.2016 numbers are great with gross sales at $250,000 per month with owner pulling out $40,000 plus monthly.Long term lease currently at $11,300, all in.Keep as is which is 100% turn-key from day one or convert to any upscale or casual restaurant and or lounge concept. Please ask broker about possible financing options.

Selling Price: $1,000,000 Gross Annual Sales: $2,600,000 Region: Southeast (AR LA TN MS AL GA FL) Category: Listing #:93395 (B) [To receive the contact name for this listing, reference the five-digit number which follows each listing and e-mail to FirstList, FirstList will forward the contacts pertaining to the principal or intermediary representing the businesses for sale in order to obtain additional information.]

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Publication:Businesses for Sale: FirstList
Date:Sep 2, 2016
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