Profitable Seafood Restaurant Franchise

Cumming, GA
Forsyth County

Atlanta Metro North


Asking Price: Annual Revenue:
$1,100,000 $1,270,692

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Seafood Restaurant Franchise Broker: Michael Golkin

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $1,270,692
Net Profit: Not Disclosed
Cash Flow: $230,873
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: 5
BBN Listing #: 323163617
Broker Reference #: 115

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Business Overview:

Great opportunity to purchase a Seafood franchise.
This location was established in 2019 and is already very profitable.
This is the only franchise location in Georgia. Great opportunity for future expansion throughout the area.
Outstanding on-line ratings and the restaurant has been awarded the “Best in Seafood” 3 years in a row.
This franchise concept that is based on a “not-too fancy, not-too casual atmosphere”. It’s an affordable seafood restaurant that brings great food and beach vibe feeling to its guests. Its laid-back, friendly atmosphere and unique offerings sets it apart from other seafood restaurants.
There are so many reasons to consider this unique franchise including: during pandemic this restaurant as well as other franchisees significantly increased earnings, next to no national competition, high quality vendors that provide the freshest seafood every day, great training an on-going support from the franchisor.

The restaurant is located in a beautiful strip retail center at a high traffic intersection with a traffic count of 40,500.
It is an end cap unit with great parking, visibility and a cozy outdoor patio area.
The shopping center is an ideal blend of local and franchise tenants. Numerous big box retailers are located across the street and a hospital and college are nearby.
New residential developments in the area are under construction including a 185-unit project within a mile of the shopping center.
The 10-15 minute drivetime population is 257,681. Average household income is $148,141.

This is a fully equipped turnkey business that allows buyer to take over an established, profitable business. It requires no additional capital investment.

For more information call Michael Golkin at 404-903-8553.

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Property Features and Assets:

Located in an end cap plus a patio unit of a strip center at the corner of a very busy intersection. Real Estate: Leased Building SF: 3,000 plus outdoor patio Rent: $5,202 per month plus $1,500 CAM per month Lease Expiration: June, 2029 Options: (2) 3-year options All furniture, fixtures and equipment will be conveyed. New location built-out in 2019 with new equipment. Leasehold improvements and FF&E-$406,443.00.

Market Competition and Expansion:

Revenues continue to increase as new residential and commercial developments are built nearby. New owners can promote catering and special event functions to the surrounding communities and businesses.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Relevant Links:

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