0 Athens HwyLoganville, GA 30052

Property Details for 0 Athens Hwy

Property size (Sq ft)

3,500 SF

Property type

Other commercial real estate

Property subtype

Other retail properties

Description

Exceptional opportunity to acquire a fully operational, turnkey seafood restaurant in Loganville, GA. This 3,500 square foot establishment boasts 100 seats and a spacious patio, situated on Athens Hwy, zip code 30052, in Walton County. The restaurant is currently generating $38,000 in monthly revenue with a net profit of $8,390, and the asking price is $150,000. The property features a fully equipped kitchen including a hood system, underground grease trap, walk-in cooler, and walk-in freezer. The current lease is a Net Net (NN) agreement with a remaining term of 8 years and a monthly rent of $6,800. The current occupancy rate is 10%. This represents a significant cost savings compared to building a new restaurant, which would cost 4-5 times the asking price and take at least six months to complete. This established business is located in a growing area, offering immediate operational capabilities and strong potential for increased profitability. The 10% occupancy rate presents an opportunity for significant revenue growth. This is a rare opportunity to acquire a profitable, established restaurant in a prime location.

Location Insight

City

Loganville

County

Walton

State

Georgia

Latitude

33.8605

Longitude

-83.9549

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