0 Atlanta Ga VirginiaAtlanta, GA 30306

Property Details for 0 Atlanta Ga Virginia

Property size (Sq ft)

3,100 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This thriving Atlanta restaurant and bar, located in the vibrant Virginia Highland neighborhood, presents a unique investment opportunity. Boasting 3,100 square feet of space, the establishment features ample seating for 100 patrons inside, plus an additional 30 seats on an outdoor patio. The bar itself can accommodate 100 guests. The property enjoys a prime location with high visibility and foot traffic, contributing to its consistent success. The current lease has approximately five years remaining, with a five-year option to renew, ensuring long-term stability. The all-inclusive monthly rent is $11,000. The business benefits from a strong management team, both front and back of house, ensuring a smooth transition for a new owner. Financial records demonstrate impressive performance, with 2022 gross sales totaling $1,478,349.09 and a net profit of $259,347.16. 2023 figures are currently exceeding those of the previous year. The asking price for this turnkey operation is $660,000. This presents a rare chance to acquire an established, profitable business in a highly desirable location, with the potential for continued growth and success. The existing staff and management team provide a seamless transition, allowing for immediate operation with minimal disruption. The opportunity exists to maintain the current successful business model or explore creative conversions to further enhance profitability.

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Latitude

33.7845

Longitude

-84.3489

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].