3595 Canton RdMarietta, GA 30066
- Retail properties
- 115,107 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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