Alpharetta GA Restaurant & Cigar Bar for Sale - Business for Sale
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Restaurant and Cigar Bar in Alpharetta, GA
Alpharetta, GA, US
Added 5 months ago
Restaurant & Cigar Bar
6 years in business
Absentee / Semi-Absentee
This is a restaurant, lounge, and cigar bar located in Alpharetta, Georgia, operating as Beau Monde Cigar Bar & Restaurant with indoor and outdoor seating and live music and televised sports.
Key Information
Asking
$225K
Revenue
$500K
Earnings
$100K
Multiple
2.3x
Key Highlights
- Business opened in 2020; years established is listed as 6.
- Premises size is 3,000 square feet with seating for 80, bar seats 12, and outdoor seating for up to 50.
- Monthly rent is approximately $6,777 (all in), with a rental rate of $25.00/SF and CAM at $3.00/SF.
- Cigar inventory is not included in the price and runs approximately $100,000 at seller invoice cost.
- Business is fully staffed with a general manager paid $60,000 annually.
- Seller is the landlord and will extend a long-term lease with option to renew.
Contact Info
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