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    Retail properties & Spaces

    0 Turn-Key Restaurant For Sale In Norcross Georgia - Priced To Sell!, Norcross, GA 30071

    1,200 SF Built 2018
    Property ID
    Property summary
    AI-generated overview

    This thriving 1,200 square foot restaurant in Norcross, Georgia (zip code 30071) is available for purchase at $114,000. Established in 2018, this turn-key operation is located in a high-traffic area near a major national brand, ensuring consistent customer flow. The lease, currently at $2,200 per month, extends until May 30, 2027, with renewal options available. The restaurant is fully equipped with two six-burner range ovens, a walk-in cooler and freezer, prep coolers, prep tables, a clay oven, fryers, chest freezers, stainless steel tables, a Coca-Cola cooler, POS system, rice warmer, a two-burner master range, tables and chairs, pots, pans, plates, a small ice maker, a three-compartment sink, and hand sinks. The current seating capacity is 22 diners. The business currently employs six staff members and operates under an Indian concept, but the menu is adaptable with landlord approval. The seller is motivated and is offering this exceptional opportunity due to health reasons. While traditional SBA financing may not be an option, alternative financing options are available. This is an ideal opportunity for an experienced restaurateur or a first-time owner looking to enter the market with a well-established, profitable business.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2018
    Total area 1,200 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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