Buford Ga Mexican Restaurant & Bar Norcross, GA 30071
- Retail properties
- 4,400 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Buford Ga Mexican Restaurant & Bar
- Property size
- 4,400 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Mexican restaurant and bar in Norcross, Georgia, presents a unique investment opportunity. Located in a nationally anchored center in Gwinnett County (zip code 30071), this well-established business boasts 4,400 square feet of space, including a large outdoor patio. The interior comfortably seats 220 patrons, with an additional 16 bar seats and 60 seats on the patio. Ample parking is available for customers. The current owner invested $400,000 in opening the establishment, and the business has demonstrated consistent profitability, achieving $1,200,000 in gross sales in 2023, with 2024 sales tracking similarly. The all-inclusive monthly rent is $12,000, with a primary lease term exceeding 9 years and a 5-year renewal option. The business is offered for sale at $295,000 and includes existing staff. This turnkey operation presents the opportunity to continue operating as a successful Mexican restaurant or to convert the space to another suitable concept.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norcross
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.2173
- Latitude
- 33.9398
