Over $65K Owner Benefit For Cumming Franchise Seafood Restaurant For Sale! Cumming, GA 30041
- Retail properties
- 3,000 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Over $65K Owner Benefit For Cumming Franchise Seafood Restaurant For Sale!
- Year built
- 2019
- Property size
- 3,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving franchise seafood restaurant in Cumming, GA, presents a unique investment opportunity. Priced at $399,000, this 3,000 square foot establishment boasts impressive financials, including over $1 million in annual sales and a significant owner benefit exceeding $65,000. The restaurant, built in 2019, enjoys a prime location with high traffic and a loyal customer base, having been voted "Best Seafood" for four consecutive years. The spacious interior comfortably seats 82 patrons. A full bar with a liquor license adds to its revenue streams. The lease, currently at $7,335 per month (including CAMs, taxes, and insurance), extends until December 2029, with options for renewal. The sale includes a comprehensive inventory of high-quality commercial kitchen equipment, including multiple Vulcan appliances, ample refrigeration (including walk-in units), and a robust point-of-sale system. The franchise offers two weeks of direct training, along with established systems and marketing support. This turnkey operation is SBA-loan eligible, requiring only a 20% down payment. The seller's reason for selling is retirement. The restaurant's success is further enhanced by its location in a growing area, with projected increases in traffic due to upcoming developments. This is a rare opportunity to acquire a well-established, profitable franchise restaurant with a strong reputation and significant growth potential.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Cumming
- County
- Forsyth
- State
- Georgia
- Longitude
- -84.0907
- Latitude
- 34.2001
