For Sale
$499,000

415 Peachtree PkwyCumming, GA 30041

Profitable Restaurant Franchise for Sale

Overview

Added:
Dec 11, 2024
Days on market:
114
This established Shuckin' Shack Oyster Bar franchise in Cumming, Georgia, presents a lucrative investment opportunity. Located in The Shoppes at Brannon Crossing, this thriving restaurant boasts 750-3,000 square feet of space, seating for 60 inside, 13 bar seats, and an outdoor patio accommodating 45. The property features a 5-year lease with a 10-year renewal option, and an all-inclusive monthly rent of $7,000. Financial records show impressive performance: $1,100,000 in gross sales and approximately $100,000 net profit in 2023, with a projected 25% sales increase in 2024. The business includes a strong, experienced staff of approximately 20 employees, including a manager, ensuring a smooth transition for the new owner. Opened in June 2019, the owner invested approximately $600,000 in initial setup. The franchise includes a 5% royalty fee and a $5,000 transfer fee. The asking price is $499,000, with owner financing options available. This is a turnkey operation situated in a strong office market with over 156,700 people within a 5-mile radius. This offering is for the acquisition of the existing franchise and cannot be converted to a different concept. The property is fully equipped and ready for immediate operation.

Highlights

  • $7,000 all-inclusive monthly rent.
  • 5-year lease with a 10-year renewal option.
  • $1,100,000 gross sales in 2023.
  • Approximately $100,000 net profit in 2023.
  • Projected 25% sales increase in 2024.
  • Experienced staff of approximately 20 employees, including a manager.

Property Details for 415 Peachtree Pkwy

Property type
Retail properties, Restaurants
Square Feet
750 SF

Location Insight

City
Cumming
County
Forsyth
State
Georgia
Latitude
34.1525499
Longitude
-84.172377
415 Peachtree Pkwy, Cumming, Georgia

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415 Peachtree Pkwy
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