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    1860 Barnett Shoals Rd Athens, GA 30605

    Sponsored
    For Sale
    $160,000

    Profitable Asian cafe, fully equipped. Great location!

    Property size:
    2,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This thriving Asian cafe franchise, located at 1860 Barnett Shoals Rd, Suite 408-409, Athens, GA 30605, presents a unique investment opportunity. Situated within the 96,100 square foot Georgetown Square shopping center, anchored by Publix, this 2,700 square foot restaurant enjoys a prime location at a major East Athens intersection. The asking price is $160,000 for this established business, opened in December 2022, with initial opening costs totaling $300,000. The current lease has 3.5 years remaining, with an option to renew, and includes an all-inclusive monthly rent of $3,500. The fully equipped kitchen boasts a hood system, donut fryers, and a grease trap. This owner-operated restaurant has a full staff and consistently demonstrates profitability. Complete financial records are available for review. The franchise agreement includes exclusive territory rights within Athens. This turnkey operation offers the potential to continue operating as is or to be converted to another concept. Serious inquiries only. Contact for details and documentation.

    Property Features for 1860 Barnett Shoals Rd

    General Information

    Property type
    Restaurants
    Square Feet
    2,700 SF

    HighLights

    • 2,700 SF space.
    • $300,000 initial investment.
    • $3,500 all‑inclusive monthly rent.
    • 3.5 years remaining on lease with renewal option.
    • Owner‑operated with existing staff.
    • Fully equipped kitchen with hood system, donut fryers, and grease trap.
    Property Profile Location Intelligence

    Current Use by Public Records

    Supercuts Hair Salon Bowman Property Management Property Management Company Seller Labs Software Company X-Cart Software Company Redbox Movie Rental Kiosk

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Clarke
    State
    Georgia
    Longitude
    -83.3420137
    Latitude
    33.9239674

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    FAQs

    What type of property is this?
    Restaurant - Profitable Asian cafe, fully equipped. Great location!
    Where is this restaurant located?
    The property is located at 1860 Barnett Shoals Rd Athens, GA.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: 2,700 SF space.; $300,000 initial investment.; $3,500 all-inclusive monthly rent.
    Request Owner's contact information
    1860 Barnett Shoals Rd Athens, GA 30605
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    Athens, GA 30605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1860 Barnett Shoals Rd Athens, GA 30605
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