Fully Equipped Restaurant For Sale In The Heart Of Downtown Canton Canton, GA 30114
- Retail properties
- 6,200 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Fully Equipped Restaurant For Sale In The Heart Of Downtown Canton
- Year built
- 2021
- Property size
- 6,200 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This fully equipped restaurant in downtown Canton, Georgia, is a remarkable turnkey opportunity. Priced at $50,000, this 6,200 square foot establishment boasts a prime location and is ready for immediate operation. Built in 2021, the restaurant features a comprehensive array of commercial kitchen equipment, including a hood system with grease trap, two fryers, a six-burner stove, flat top grill, three-compartment sink, salamander, Hobart dough mixer, blender, and ample smallwares. Refrigeration includes a walk-in cooler, glass door reach-in cooler, reach-in freezer, and under-counter cooler. The dining area comfortably accommodates 40 tables, 68 chairs, and 52 stools, supplemented by a bar area with glassware and smallwares, a keg cooler, and ice well. Two private dining rooms offer significant growth potential for events like weddings and corporate gatherings. The lease is for seven years with a monthly rent of $6190. The restaurant has a proven track record, generating $1,200,000 in net sales in the past year, though owner benefit was $0.00. Seven full-time and seven part-time employees are currently in place. The seller is offering two weeks of training. Operating hours are Wednesday-Sunday, closed Monday and Tuesday. This is an asset sale, not a franchise, and seller financing is not available. This is a confidential listing.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Canton
- County
- Cherokee
- State
- Georgia
- Longitude
- -84.4908
- Latitude
- 34.2371