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    Fully Equipped Restaurant For Sale In The Heart Of Downtown Canton Canton, GA 30114
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    Fully Equipped Restaurant For Sale In The Heart Of Downtown Canton, Canton, GA 30114

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    • Retail properties & Spaces
    • 6,200 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Fully Equipped Restaurant For Sale In The Heart Of Downtown Canton

    Year built
    2021
    Property type
    Retail properties & Spaces
    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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Canton
    County
    Cherokee
    State
    Georgia
    Longitude
    -84.4908
    Latitude
    34.2371
    More about this property
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