Avondale Estates, GA 30002
This exceptional opportunity presents a thriving, multi-unit BBQ restaurant group located in Avondale Estates, Georgia. The business boasts three units, plus a separate 1,500 square foot corporate office currently leased at $1,200 per month (assumption of the lease is not required). This turnkey operation is fully equipped and has a strong track record of profitability. Financial records demonstrate impressive performance: 2022 gross sales reached $3,056,355 (with four units operating) resulting in a net profit of $531,121. In 2023, with three units, gross sales were $2,600,000, yielding a net profit of $336,000. 2024 figures are projected to be comparable to the previous year. The business benefits from a full staff and management team, ensuring a smooth transition for the new owner. The owner, who has operated the business for nearly 20 years, is selling due to health reasons. This critically acclaimed restaurant group has already completed the franchise designation and package, requiring only the final filing step, presenting significant potential for national growth and expansion. A comprehensive due diligence package is available, and the business is SBA-friendly. The asking price is $699,000. This is a rare chance to acquire a well-established, profitable restaurant group with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.