For Sale
$499,000

415 Peachtree Pkwy Cumming, GA 30041

Profitable Restaurant Franchise for Sale

Overview

Added:
Dec 11, 2024
Days on market:
135
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

FAQs

What type of property is this?
Retail property - Profitable Restaurant Franchise for Sale
Where is the retail property located?
The property is located at 415 Peachtree Pkwy Cumming, GA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: $7,000 all-inclusive monthly rent.; 5-year lease with a 10-year renewal option.; $1,100,000 gross sales in 2023.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
415 Peachtree Pkwy
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message