2148 Duluth Hwy Duluth, GA 30097
This established quick-service restaurant (QSR) in Duluth, GA, presents a lucrative investment opportunity. Located at 2148 Duluth Highway #6274, this 2,600 square foot space boasts a prime location at a busy intersection, near major roadways, entertainment venues, and residential areas. The pizzeria has operated successfully for over 20 years, consistently generating strong revenue. Financial records, including tax returns, demonstrate consistent profitability, with 2022 gross sales of $722,000 and a net profit (excluding owner salaries) of $120,000. 2023 figures show similar performance. The fully equipped kitchen features a 26-foot hood system, four Baker Pride pizza ovens, and two 1500-square-foot grease traps. The restaurant seats up to 100 guests and includes a private dining room. The current lease has several years remaining with a renewal option, and monthly rent is $6,100, inclusive of water and CAM charges. The sale includes on-hand inventory, the landlord's security deposit, and comprehensive training. The asking price is $195,000, with 50% owner financing available. This turnkey operation offers the potential to continue as a successful pizzeria or be converted to another QSR concept. The owner's relocation and retirement are the impetus for this sale.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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