See Similar Listings

Turn Key Restaurant and Bar for Sale with $1.5 Million in Sales.

Alpharetta, GA
listing image
Asking Price:$625,000
Rent:$11,143/Month
Gross Revenue:$1,510,852
Established Year:2019
Listing ID: 2254603Listing provided by BizBuySell
BUSINESS DESCRIPTION

Don't Miss out on this Incredible location with like new Equipment in Alpharetta, GA - This Bar for Sale is ready for your concept today! This location boasts a beautiful buildout, saving you hundreds and hundreds of thousands of dollars!. While traditional SBA financing isn't an option, qualified buyers can secure an unsecured loan for the purchase and OWNER FINANCING is available. Either way, you can't afford to let this opportunity slip away.
You have a great opportunity to purchase this Bar for Sale and be in business next month. This restaurant is the perfect way to bring your idea into reality. Sales in 2023 of $1,510,852 can be grown from the current concept or you can bring your own menu and concept.
A Bar for sale like this offered by We Sell Restaurants could be the blank slate you need to start building a new concept Coupled with PRIME location, this Bar for Sale is an opportunity that serious buyers will not want to miss. You can make your restaurant dream come true with the right vision and drive. This is a fully equipped location ready for a new owner or new concept. This Bar for Sale is a turnaround situation meaning it is not cash flow positive today but is generating sales of $1,510,852. The fully equipped kitchen comes with everything you need to prepare anything you wish to offer with your own restaurant concept. Moreover, the space provides 3,000 square feet of potential with 128 seats inside and 28 seats on the patio to allow you to fill up with customers.The monthly rent at this stands at Bar for Sale is $11,143, including CAMS, Taxes and Insurance. The lease term is good through October 2029 and offers up 1, 5-year option to extend. At the end of 5 years, rent will be reduced by $6,944.04. In addition to the turn-key space, the surrounding Alpharetta area is full of retail and apartments living that allow for high traffic and restaurant goers, for any new owner looking to start their own concept. You can skip all the hassle and cost of starting from scratch by opting to purchase an existing restaurant space. Bring your concept to life when you purchase this Bar for Sale. Call to draft your offer today and be in business tomorrow!
Please click on the tab below to easily acknowledge confidentiality on this Bar for Sale. If you have any questions, please contact Certified Restaurant Broker Jeff Heidt at (770) 366-4063.By providing your phone number to We Sell Restaurants, you agree to receive text notifications.

DETAILED INFORMATION
Location
Alpharetta, GA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,000
Lease Expiration
31/10/2029
Employees
38
Facilities
4 Table 4FT 6 Table 2FT 30 Outdoor Chair 1 Hostess Stand 1 POS Screen May be leased 1 Portable Phone 16 Table 4FT 8 Table 2FT 20 Dining Room Chair 6 Booth Bench Double 8 Booth Bench Single 1 Sentry Fire Extinquisher 16 Nannocell Big Screen TV's 15 Bar Chair 1 Sink/Storage 1 Sink 1 Storage Stand 1 Beverage Air Regrigerator 1 Sink 1 Ice Bib/Storage 1 M4 Button Soda Gun 1 Glass Front Refrigerator 2 TRUE Undercounter Refrigerator 2 POS Screen May be leased 2 POS Cash Drawer May be leased 3 POS Printer May be leased 1 Portable Phone 1 Wood Storage Rack 1 Shelf Rack 1 DUNN Tea Ern 1 KROWNE Ice Bin 1 Workshelf Storage 1 BUNN Coffee Maker 1 Great Northern Popcorn Machine 2 POS Screen May be leased 2 POS Printer May be leased 1 Wood Work Station Hutch 1 Wood Storage Closet 1 Liquor Storage Cabinet 1 High Chair 1 2 Ecolab Hand Sanitizer May be leased 1 Paper Towel Dispenser 1 Floor Shelf 2 Simplehuman Trash Can 1 Paper Towel Dispenser 1 Hoshizaki Ice Machine 2 Storage Rack 1 Storage Rack 1 Kitchen One Fire Extinguisher 1 Step Ladder Ecolab 1 Work Shelf 1 Soda Rack 1 Hood Will Remain with Landlord 1 Moffat Oven 1 Floor Stand 1 US Range Gas Stove 1 WOLF Flat Grill 1 Cook Rite Toaster 3 Fryer 2 Hoshizaki Cold Salad Station 1 Hoshizaki Cold Salad Station 1 Hoshizaka Undermount Meat Cooler 1 Warmer 4FT 1 TRUE Cold Salad & Meat Station 6FT 1 POS Printer May be leased 2 Sink Pre Wash 1 Vacmaster Vaccum Sealer 1 Sink Post Wash 1 Tork Soap Dispenser 1 Amana Microwave 1 Golo Soap Dispenser 1 Sink 1 Armadillo Grease Cleaner 3 Storage Shelf 1 Alto Sham Holding Cabinet 1 Hobart Slicer 1 Hoshizika Freezer 1 Work Table 1 KokPak WalkIn Cooler 20FT x 8 FT May remain with Landlord 10 Storage Racks 3 Roll Tray Rack
Competition
The Alpharetta economy has been steadily growing, providing opportunities for businesses to thrive. Alpharetta has a population of 65,884. Median household income is $141,402 which makes it a thriving city and great location for restaurants.
Growth & Expansion
Alpharetta's population has been steadily increasing, driven by factors such as job opportunities, housing, and quality of life. With a growing population, there is an increasing demand for dining options in Alpharetta. Alpharetta attracts visitors throughout the year from around the Metro Atlanta area. Restaurants can benefit from foot traffic in Alpharetta.
Support & Training
Lenght of training up for negotiation
Reason for Selling
Personal
Report an Issue with this listing
profile-img
Jeff
Heidt
logo-img
Phone Number
Jeff Heidt
Call Phone