For Sale
$450,000

1920 Jesse Jewell Pkwy Gainesville, GA 30501

Profitable Restaurant, Turnkey Operation

Overview

Added:
Dec 11, 2024
Days on market:
136
This established Huddle House franchise in Gainesville, GA, presents a lucrative investment opportunity. Located at 1920 Jesse Jewell Pkwy SE #6154, this 2,500 square foot end-cap restaurant boasts 100 seats and is in excellent condition. Recent renovations in 2016 and 2018, along with ongoing upgrades to furniture, china, flatware, refrigeration, and kitchen equipment, ensure a modern and efficient operation. The restaurant enjoys a long-term lease with renewal options, minimizing operational risk. Financial performance is exceptional, with gross sales exceeding $653,905 in 2022 and a net profit of $179,626. Projected 2023 gross sales are targeting $1,000,000, with anticipated higher net profits. The business is fully staffed and turnkey, offering immediate operational capabilities. In-store training is available for a smooth transition. The franchise transfer fee is $8,750, with royalties at 4.75% and advertising at 3%. Current operating hours are 6 AM to 4 PM, seven days a week, presenting significant potential for revenue growth by extending operating hours. The asking price for this thriving business is $450,000. The property is part of a national franchise with 339 units across 23 states. Monthly rent is $6,389 all-inclusive.

Highlights

  • 2,500 SF endcap space.
  • 100-seat capacity.
  • Excellent condition.
  • Fully equipped restaurant with recently upgraded furniture, fixtures, and equipment.
  • All-inclusive monthly rent: $6,389.
  • Long-term lease with renewal options.

Property Details for 1920 Jesse Jewell Pkwy

Property type
Retail properties, Restaurants
Square Feet
2,500 SF
Year Renovated
2016
Units
339

Location Insight

City
Gainesville
County
Hall
State
Georgia
Latitude
34.3129912
Longitude
-83.7953741

FAQs

What type of property is this?
Retail property - Profitable Restaurant, Turnkey Operation
Where is the retail property located?
The property is located at 1920 Jesse Jewell Pkwy Gainesville, GA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,500 SF endcap space.; 100-seat capacity.; Excellent condition.
How can I contact the broker?
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1920 Jesse Jewell Pkwy
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