Business-only Business for sale in Gainesville, GA
Bank Prequalified! Absentee-Operated Food Franchise Business-only in Gainesville | Metro-Atlanta, GA!
Offer Price
$999,000
Business-only
About this property
Bank Prequalified! Absentee-Operated Food Franchise Business-only in Gainesville | Metro-Atlanta, GA!
Key Financials:
Asking Price is only $999k!
Bank Prequalified! Buyer only needs to bring $250k down!
Sales for 2025 were over $1,400,000!
Located on a major grocery store outparcel!
Net Profit is nearly $160,000 AFTER paying over $300,000 in Employee Payroll, as well as rent, and all other expenses! Manager’s salary is $55,000. Huge Opportunity for an Owner-Operator to eliminate manager’s salary and take home over $213,000!
Rent is $9,808 NNN per month with 6 years plus TWO additional 5-year options to renew on the lease! Buyer has a total of 16 years remaining on the lease!
Franchise royalties are only 5% plus a marketing fee of only 2% of sales! Additional fees include a $100 per month POS fee. Franchise transfer fee is $17,500.
Franchise comes with a defined protected terrority!
Newly built out only 3 years ago!
Franchise agreement has 17 years remaining with option to extend!
Strong brand value with a 4+ star rating!
Demographic & Geographic Details:
Average traffic count of 10,900 vehicles passing by daily!Population has grown rapidly at 13.7% since 2020!
Median Household Income is $64K!
Located in Gainesville, the commercial hub of Northeast Georgia! Positioned in a high-traffic retail corridor with strong surrounding residential density
Strong upside for an owner-operator: tighten labor, drive catering, and improve food-cost controls
Restaurants nearby include Super Chix, Lunch Counter, Rincon Latino Restaurant, Wings & Philly, El Salvador Restaurant, ZUAREPA Gainesville, and El Sabor de Oriente!
Nearby hotels include Courtyard by Marriott, Holiday Inn Express & Suites, Hampton Inn, Super 8 by Wyndham, Fairfield by Marriott Inn & Suites, and HomeTowne Studios
Nearby schools such as Fair Street IB World School, Gainesville High School, and East Hall High School collectively serve over 3,700 students and faculty and provide consistent daytime traffic!
Also near to Brenau University collectively serving over 1,270 students and faculty!
Surrounded by residential and multifamily developments including Allora Apartments, Windcliff Apartments, Walton Summit & The Legacy at Walton Summit, Prose Apartment, and Hillside Square!
1 hour 30 min to Atlanta, GA! 30 minutes to Braselton, GA! 30 minutes to Buford & Mall of Georgia! 1 Hour to Athens, GA!
Asking Price for Business-only: $999k! Business is priced to sell!
Bank Prequalified! Buyer only needs to bring $250k down!
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
Property Details
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Business Details
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Listing Information
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.