Busy Entertainment Area Restaurant & Bar For Sale Shopping Ctr Duluth, GA 30096
- Retail properties
- 3,600 SF
Current Use by Public Records
- Retail properties
Property Details for Busy Entertainment Area Restaurant & Bar For Sale Shopping Ctr
- Year built
- 2017
- Property size
- 3,600 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving restaurant and bar, located in a busy Lawrenceville, GA shopping center, presents a unique opportunity for an owner-operator. Boasting 3,600 square feet of space, the fully equipped establishment includes a full commercial kitchen featuring an 8-foot hood system, walk-in cooler, ample prep area, and various appliances (including multiple refrigerators, freezers, a gas grill, fryer, and more – see detailed inventory). The bar area is equally well-appointed with ice coolers, a POS system, and seating for patrons. The current lease has a term of 3 years, expiring December 30, 2027. Built in 2017, the property benefits from its prime location in a high-traffic entertainment district near I-85 and Hwy 316, attracting a consistent customer base. The business enjoys a strong local following and is ready for immediate operation, offering a turnkey setup that eliminates the time and cost of starting from scratch. The independent nature of the business allows for complete creative control over menu, hours, and overall atmosphere. The current gross revenue is $250,000. The seller is relocating, providing a seamless transition for the new owner. One week of training is included to ensure a smooth handover. This presents a fantastic opportunity for an experienced restaurateur or a first-time owner seeking a well-established business in a prime location. The asking price is $199,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Duluth
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.1541
- Latitude
- 33.9812