0 Canton Restaurant For Sale- Turnkey Local Favorite Can Be Yours! Canton, GA 30114
This thriving Canton, Georgia restaurant presents a unique opportunity for an owner-operator. Boasting nearly 20 years of success as a local favorite, this 2,064 square-foot establishment generates over $900,000 in annual sales, yielding over $50,000 in owner earnings. Located on a major Cherokee County road near a large residential area, it benefits from high visibility and consistent traffic, with over 12,000 cars passing daily. The restaurant comfortably seats 50 guests indoors and offers convenient takeout service. Operating 64 hours per week, it serves a loyal customer base from nearby neighborhoods, schools, and businesses. A dedicated team of 17 employees ensures smooth operations. The current owner-operator provides two weeks of training for a seamless transition. The fully equipped restaurant includes a walk-in cooler with a new compressor, four reach-in freezers, ample prep space, and a comprehensive POS system. Additional assets include catering equipment, a delivery vehicle, and all necessary furniture, fixtures, and equipment. The $4,000 monthly lease (on a 3-year term) for this prime location offers long-term stability. Growth opportunities exist through expanded catering and alcohol sales. This turnkey operation is ready for a new owner to build upon its existing success. The landlord is prepared to sign a new lease with a qualified buyer.
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
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Property description
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Risks
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