Vinings GA Restaurant & Bar for Sale – Fully Staffed – NEW BELOW MARKET PRICE

Vinings GA Restaurant & Bar for Sale – Fully Staffed – NEW BELOW MARKET PRICE


#4047

(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, and or Ownership. Documentation and Inspections will be provided upon request)

Paces & Vine Restaurant for Sale.

Located at 4300 Paces Ferry Rd SE #250, Atlanta, GA 30339.

Shopping Center Website

The team behind this restaurant introduces its signature contemporary American comfort food to Vinings! Offering artful yet approachable fare with simple presentation and careful preparation, Paces & Vine offers signature ‘contemporary American comfort food’; staying committed to dining and living locally. Expect fun, adventurous fare with a fresh, seasonal menu.

Paces & Vine offers weekday lunch, weekend brunch, and nightly dinner service.

Fully Equipped, Fully Staffed, Open, Turnkey or Convert

Sales have reached $3.2M

Lease Term remaining: 25 months.

Options: two 5 year options – options for negotiating extensions, additional patio until the end of 2022 due to COVID (potential negotiate into a permanent lease with no additional rent)

Base Rent : $16299.45

Cam and other pass-through expenses : CAM $1481 TAX $1230 INS $182 WATER $560

% Rent if any: 5.5% over a natural breakpoint

Sq. footage of premises: 4841 square feet

Fire Marshal occupancy number: 256

The number of seats in Dining Room: 94 approx. seats

Bar: 14 seats and is approximately 45-ft.

Additional 30-seats in the private dining room.

Main patio seats 60 seats with a fireplace.

$1.2M Opening Cost.

Established 2013.

Full back and front-of-house Staff make for a flawless transition.

Plenty of parking.

Priced at $395,000.

( Sale does not include name and business )



Location

Country:

USA

State or Province:

GA

City:

Atlanta

Location Zip or Postal Code:

30339

Listing Information

Service Type:

Sit-Down Table Service

Title of Listing:

Vinings GA Restaurant & Bar for Sale – Fully Staffed – NEW BELOW MARKET PRICE

Year Established:

2013

Number of Locations:

1

Number of Seats:

Over 150

Size:

4,841, Square Feet

Patio:

Yes

Number of Employees:

Less than 10

Hours of Operation:

HOURS
Mon-Thu 11am-10pm
Fri 11am-11pm
Sat 9am-11pm
Sun 9am-10pm

Financial Details

Asking Price:

$395,000

Gross Revenue Range:

Under $500,000

EBITDA Range:

Under $100,000

SDE Range:

$100,000

Total Monthly Rent:

$16299.45

Contact Listing Owner