For Sale
$249,900

0 GeogiaBrookhaven, GA 30319

Profitable Restaurant, North Atlanta

Overview

Added:
Dec 11, 2024
Days on market:
114
This established Shane's Rib Shack franchise, located north of Atlanta in Cherokee County, GA (zip code 30319), presents a remarkable investment opportunity. Boasting 2,600 square feet of space in a leased building (built in 2009, lease expiring 01/30/2026), this turnkey operation generated $1,207,608 in sales and $148,420.93 in profit last year. The asking price is $249,900. The restaurant benefits from a prime location off a major highway, surrounded by burgeoning residential developments and established retailers, promising significant growth potential. The current monthly operating expenses are $6,861.93. The sale includes all existing equipment, including a fully stocked kitchen with multiple ovens, smokers, grills, fryers, and ample refrigeration

Highlights

  • High-profit Shane's Rib Shack franchise generating $1.2M in sales and $148,421 in profit.
  • Prime highway location near new residential and retail developments, offering significant growth potential.
  • SBA financing available with 20% down payment.
  • Turnkey operation with fully equipped kitchen and dining room.
  • Low monthly operating expenses of $6,861.93 for a 2,600 sq ft space.
  • Established franchise with owner retiring; two weeks of owner training provided.

Property Details for 0 Geogia

Property type
Retail properties, Restaurants
Square Feet
2,600 SF
Year Built
2009

Location Insight

City
Brookhaven
County
Cherokee
State
Georgia
Latitude
33.8730946
Longitude
-84.338429
Geogia, Brookhaven, Georgia

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0 Geogia
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