2166 Highpoint RdSnellville, GA 30078

Property Details for 2166 Highpoint Rd

Year built

1979

Construction

WOOD

Lot size

1.45 AC

Property size (Sq ft)

6,714 SF

Zone code

C2-GENERAL BUSINESS

Property type

Turn key restaurants

APN

6-051 -097

APU

6051097

Description

This established Snellville, GA restaurant, located at 2166 Highpoint Rd, offers a turnkey opportunity for immediate operation. Boasting annual sales between $1,000,000 and $1,500,000, this 6,714 sq ft Class B retail property sits on a 1-acre lot and is zoned C. Recently renovated, it features multiple full bars, including a unique outdoor bar, ample parking, and seating for 210 guests. Numerous TVs cater to sports enthusiasts, while the comprehensive menu includes starters, burgers, quesadillas, sandwiches, salads, and wings. The property has received consistent 5-star ratings and was voted "Best of Gwinnett" in 2019 and 2021, showcasing its strong brand identity and customer loyalty. Its prime location on a high-traffic road in Gwinnett County, surrounded by businesses and affluent neighborhoods, ensures continued success. The asking price is $2,050,000. This asset-rich opportunity is ideal for an owner-operator seeking a profitable and established business. The property has been operating successfully for over 15 years, demonstrating its stability and reliability.

• CAP approach

  CAP return

  Valuation

  6%

  $1,963,060

  6.5%

  $1,812,056

  7%

  $1,682,623

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,397,438

  Geo Method

  $2,397,438

• Alternative Use

  Use

  Valuation

  Residential

  $1,528,537

  Hospitality

  $1,400,132

  Educational

  $1,164,893

  Medical

  $1,204,956

  Retail

  $1,812,056

Location Insight

City

Snellville

County

Gwinnett

State

Georgia

Latitude

33.8508

Longitude

-84.0427

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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