Gainesville Restaurant Franchise
For Sale
Contact for pricing
1920 Jesse Jewell Pkwy SE #6339, Gainesville, GA 30501
Established Huddle House franchise restaurant for sale in Gainesville, GA.
Property Size2,500 SF
Price / SF$180
Days on Market1507
Property Features for 1920 Jesse Jewell Pkwy SE #6339
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Retail
Building Details
Year Renovated
2016
Units
339
Listing Agency:
The Shumacher Group
Listed By:
Steven Josovitz · License #GA 164878
Source:
Crexi
Added: Jul 17, 2022
Changed: Aug 15
Last Checked: Aug 26 at 5:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Shumacher Group
Investment Insights
Based on property information with market context.
This American casual dining franchise restaurant, located in North Georgia, has been serving homestyle meals for over 60 years. The 2,500-square-foot end-cap unit, established in 2016, features 100 seats and is in mint condition and fully up to code. The monthly rent is $6,389, including all expenses, with a long-term lease and options to renew. The restaurant is fully staffed, easy to run, and turnkey. In 2024, the gross sales were $949,800.42, with a net profit of $196,367.41. The franchise transfer fee is $8,750, with royalties at 4.75% and advertising at 3%. The restaurant operates seven days a week from 6 AM to 4 PM. Extending the operating hours has the potential to increase revenues and profits. This Huddle House restaurant is located at 1920 Jesse Jewell Pkwy SE #6339, Gainesville, GA 30501.
Key Highlights
- High Net Profit: Achieving $196,367.41 net profit in 2024.
- Established Franchise: Benefit from a well‑known American casual dining franchise with over 60 years of brand recognition, operating since 2016.
- Turnkey Operation: Fully staffed and easy to run.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,422
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$728,440
$728.4K
Cap Rate 7%
$520,314
$520.3K
Cap Rate 9%
$404,689
$404.7K
Market Conditions
NOI Build-Up for 2,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$52.5K $21.00/SF
− Vacancy
−$3.9K −$1.58/SF
EGI
$48.6K $19.43/SF
− OpEx
−$12.1K −$4.86/SF
NOI
$36.4K $14.57/SF
Area
Hall County, GA
Vacancy
7.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$728,440
Cap Rate 7%
$520,314
Cap Rate 9%
$404,689
Alternative Uses
Best Use
Specialty Retail
$520.3K
$455.3K – $607.0K
NOI $36,422 @ 7.0% cap · market cap 8.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$700.1K
$612.6K – $816.8K
NOI $49,009 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30501, GA
29,779
Population
12,916
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
71%
High-School Grad
21.9 sq mi
ZIP Area
1,360
Density / Sq Mi
$58,214
Median Household Income
$33,299
Median Earnings
$1,152
Median Rent
$249,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Breakfast & diner - Established Huddle House franchise restaurant for sale in Gainesville, GA.
Where is this breakfast & diner located?
The property is located at 1920 Jesse Jewell Pkwy SE #6339 Gainesville, GA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: High Net Profit: Achieving $196,367.41 net profit in 2024.; Established Franchise: Benefit from a well‑known American casual dining franchise with over 60 years of brand recognition, operating since 2016.; Turnkey Operation: Fully staffed and easy to run.
