For Sale
$218,000

535 Indian Trail Lilburn Rd Lilburn, GA 30047

Turnkey Pizzeria, High Growth Potential

Overview

Added:
Dec 11, 2024
Days on market:
137
This established pizzeria in Lilburn, GA, boasts impressive financials and high visibility. Located in a high-traffic Gwinnett County area, this 1,500 square foot restaurant generated $500,292.80 in gross sales in 2023, with a net profit of $109,959.35. Sales have consistently increased year-over-year, showing a $72,000 jump from 2022 to 2023. The property features a fully equipped kitchen with two full-size Bakers Pride ovens and a walk-in cooler. The low monthly rent of $1,850 (all inclusive) is significantly below market value, and the lease has several years remaining with a five-year renewal option. The business operates debt-free and benefits from a state-of-the-art POS system, excellent online reviews (4.7 Google, 4.5 Yelp, 5 stars on Slice), and a loyal customer base. The owner is relocating, presenting a unique opportunity to acquire a profitable, turnkey operation with significant growth potential. Adding beer and wine sales could further boost revenue. The asking price is $218,000, with owner financing available. This is a rare opportunity to own a thriving restaurant business in a prime location.

Highlights

  • High-traffic Gwinnett County location with incredible roadside visibility.
  • Strong sales growth: 10-15% increase projected for 2024 over 2023.
  • 2023 gross sales: $500,292.80; Net profit: $109,959.35.
  • Significant sales increase from 2022 ($427,094) to 2023 ($72,000 jump).
  • 1,500 sq ft space with below-market rent of $1,850/month (all-inclusive).
  • Several years remaining on lease with a 5-year renewal option.

Property Details for 535 Indian Trail Lilburn Rd

Property type
Retail properties, Restaurants
Square Feet
1,500 SF

Location Insight

City
Lilburn
County
Gwinnett
State
Georgia
Latitude
33.8991255
Longitude
-84.1422769

FAQs

What type of property is this?
Retail property - Turnkey Pizzeria, High Growth Potential
Where is the retail property located?
The property is located at 535 Indian Trail Lilburn Rd Lilburn, GA.
What is the asking price?
The asking price for this property is $218,000.
What are key features of this property?
This property features: High-traffic Gwinnett County location with incredible roadside visibility.; Strong sales growth: 10-15% increase projected for 2024 over 2023.; 2023 gross sales: $500,292.80; Net profit: $109,959.35.
How can I contact the broker?
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535 Indian Trail Lilburn Rd
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