3595 Canton RdMarietta, GA 30066

  • Retail properties
  • 115,107 SF
For Sale
$179,000 View listing

Property Details for 3595 Canton Rd

Year built
1990
Lot size
12.90 AC
Property size (Sq ft)
115,107 SF
Zone code
NRC/NS
Property type
Retail properties
Property subtype
Strip malls
APN
16037100230
APU
16037100230

Description

This thriving Marietta, GA sandwich shop, located at 3595 Canton Rd #330, is a turnkey opportunity priced at $179,000. The 1,200 square foot restaurant boasts seating for 42 and features a ventless fryer, allowing for diverse menu options. In 2023, it achieved a net profit of $105,207.03, representing a 15% increase over 2022's gross sales of $215,985.00. The business operates with a full staff, maintaining convenient hours (Monday-Saturday 12-8pm, Sunday 12-5pm). The sale includes the rights to operate under existing trademarks, recipes, and branding via a no-cost licensing agreement. Owner financing options are available. Annual expenses totaled $110,777.97, encompassing rent ($26,311.69), utilities, supplies, and payroll. Included in the sale is a comprehensive inventory of equipment, including refrigerators, freezers, a meat slicer, a ventless hood, fryers, microwaves, seating, and a point-of-sale system. This established business presents a compelling opportunity for immediate income generation and potential expansion. The business is currently operating and requires respectful viewing practices

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $35,788,080
    6.5%
    $33,035,150
    7%
    $30,675,496
  • Comparable approach

    Method
    Valuation
    Relative Method
    $47,249,436
    Geo Method
    $56,580,984
  • Alternative Use

    Use
    Valuation
    Residential
    $27,866,386
    Hospitality
    $25,525,460
    Educational
    $21,236,882
    Medical
    $21,967,252
    Retail
    $33,035,150
3595 Canton Rd, Marietta, Georgia

Location Insight

City
Marietta
County
Cobb
State
Georgia
Latitude
34.0389
Longitude
-84.5303
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$181,833
$2,247,788
$3,783,172
$6,030,960
-
$5,619,470
$9,457,930
$15,077,400

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