000- 1.6 Million Yearly Sales Avondale Estates, GA 30002
- Retail properties
- 5,000 SF
Current Use by Public Records
- Retail properties
Property Details for 000- 1.6 Million Yearly Sales
- Property size
- 5,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional restaurant opportunity in Avondale Estates, Georgia, is priced at $599,000 and boasts impressive annual earnings exceeding $230,000 from $1.6 million in yearly sales. The 5,000 square foot space features a completely renovated kitchen (2023) and a 10-year lease. The restaurant is fully equipped with state-of-the-art appliances including a 20-foot walk-in cooler, five brand new AC units, two hood systems, double stack Blodget ovens, and much more. The current setup includes 12 booths, 28 tables, and 62 chairs, accommodating 120 diners. A seasoned management team and 31 employees are in place, ensuring a smooth transition for the new owner. The current owner will provide comprehensive training and support post-closing. Significant growth potential exists through adding a full liquor license, extending operating hours, and implementing catering services. The restaurant enjoys a tremendous reputation and strong brand integrity, drawing customers from a wide area. This is a turnkey operation with immediate earning potential and substantial room for expansion. The monthly rent is $3200. This is a rare opportunity to acquire a highly profitable, established restaurant in a thriving community. The sale includes extensive equipment, including a 3-door kegerator, two TVs, a camera system, and a music system, along with catering equipment. The business is not a franchise and is not an asset sale. Seller financing is not available.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Avondale Estates
- County
- DeKalb
- State
- Georgia
- Longitude
- -84.2648
- Latitude
- 33.7695
