Atlanta Restaurants For Sale
Success in the Making . . . Sport Bar w/Hard Liquor
Key Facts of the Business in a Nutshell:
Concept: All-American Sports Bar & Restaurant
Sales: revenue is tracking at annualized $600k (this is a recently opened restaurant with obvious upside potential)
Years in Business: less than 12 months
Seating Capacity: 110 inside; 40 outside
Location: Columbus, GA (the 3rd largest city in the entire state, about 2 hours south of Atlanta) in growing Coco Lake/Green Island residential and business area; centered in professional office park; upscale retail shopping nearby.
Leasehold: Attractive freestanding building 5000 sqft: 3000 up (finished), 2000 downstairs (storage); there are 2 adjacent outdoor patios for the exclusive use of pub customers.
Low Rent: $2,400/month including CAMs, water and trash.
4 years remain on lease; 3 - 5 year renewal options
Liquor License: full liquor license
Funding: Owner may be willing to finance a portion of the purchase agreement for a qualified buyer.
Hours of Operation:
Tue - Thu 4:00 PM - 11:00 PM
Fri 4:00 PM - 2:00 AM
Sat 11:30 AM - 2:00 AM
Sun 12:30 PM - 10:00 PM
Reason for Selling: Owner has other demanding business interests located some distance away.
. . . .
Award-winning Owner/Chef Peter has trained at the Culinary Institute of America and has brought his extensive experience from some of the very top-rated restaurants in the entire country here to Columbus, Georgia.
In his opinion, with the guidance a dedicated full-time owner, revenues for this well-located new business will soon grow toward the $1,000,000 threshold. Note the immediate opportunity, the restaurant is not yet open for lunch and is closed Sunday and Monday.
Key Points to Consider:
◘ good location in growing, upscale area
◘ attractive building; great lease
◘ good operating cost ratios
◘ 14 TV’s; big screen. A good football game pretty much means an active full house. Average bill/cover is $25
◘ music: every night a different genre (jazz, Acoustic, etc.) tuned to a mature (45+) affluent clientele.
◘ easy access from major roads.
◘ Chef Peter will be available to assist in the transition
This sports bar & restaurant has been open for less than a year and is already considered a “Destination” location.
In summary, the substantial investment of money and precious time to create a new treatment of an traditional concept has been proven out. The hard work requisite to success has been done for you. The necessary permits, lease negotiations, equipment procurement and installation, recipes, staffing, training and building of a loyal clientele are all now in place.
This excellent business is now established, profitable and properly priced to sell.
Take advantage of the Owner’s vision and previous experience, and consider whether this
could perhaps finally be the unique life-defining opportunity you have been seeking . . .
Please visit our website at www.sellingrestaurants.com for the name and location of this restaurant as well as photos.
Broker Don Clark
Lease
Operations
Facilities
Highlights
- growth opportunity
- properly priced
- music every night
- profitable
- excellent location
- upscale clientele
Financing
Demographics
| Population | 5-mi |
|---|---|
| 2014 Total Population | 38,836 |
| Households | 5-mi |
| 2010 Number Of Households | 14,444 |
| 2010 Persons Per Household | 2.42 |
| Median House Value | $154,300 |
| Income Per Household | $58,447 |
| Businesses | 5-mi |
| 2009 Number Of Businesses | 877 |
| 2012 Number Of Employees | 29,628 |
| 2012 Total Annual Payroll | $421,083,000 |
click for more demographic info
Disclaimer
DISCLAIMER: The User (that's you reading this) of this Website understands that Donald Clark ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA. In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings. Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.