#5017 Sandy Springs (Atlanta) GA Ultra Lounge, Restaurant and Hookah Bar for Sale Profitable. High Traffic. High Visibility. Great Books. 2055/sf. Rent is $4,862.93 per month all in. 9-years remain on the lease. Opening costs $340,000. Well established. 2021 Gross Sales 611,779.45 2021 YTD November Net Profit $126,783.70 2022 number are thru the roof and better than the previous year. Seller projecting $1M for 2022 Sales. Food Sales 35%. Alcohol Sales 50% Hookah Sales 15% Priced at $395,000 with some Owner Financing options available.
Country: | USA |
State or Province: | GA |
City: | Sandy Springs |
Location Zip or Postal Code: | 30068 |
Service Type: | Sit-Down Table Service |
Title of Listing: | Sandy Springs (Atlanta) GA Ultra Lounge, Restaurant, and Hookah Bar for Sale – Profitable |
Number of Locations: | 1 |
Number of Seats: | Less than 50 |
Size: | 2,055, Square Feet |
Number of Employees: | Less than 10 |
Asking Price: | $395,000 |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | Under $100,000 |
SDE Range: | $100,000 |
Lease Term Remaining: | 9 Years |
Total Monthly Rent: | $4,862.93 |