This established pizzeria in Lilburn, GA, boasts impressive financials and high visibility. Located in a high-traffic Gwinnett County area, this 1,500 square foot restaurant generated $500,292.80 in gross sales in 2023, with a net profit of $109,959.35. Sales have consistently increased year-over-year, showing a $72,000 jump from 2022 to 2023. The property features a fully equipped kitchen with two full-size Bakers Pride ovens and a walk-in cooler. The low monthly rent of $1,850 (all inclusive) is significantly below market value, and the lease has several years remaining with a five-year renewal option. The business operates debt-free and benefits from a state-of-the-art POS system, excellent online reviews (4.7 Google, 4.5 Yelp, 5 stars on Slice), and a loyal customer base. The owner is relocating, presenting a unique opportunity to acquire a profitable, turnkey operation with significant growth potential. Adding beer and wine sales could further boost revenue. The asking price is $218,000, with owner financing available. This is a rare opportunity to own a thriving restaurant business in a prime location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$6,667,291
Hospitality
$6,107,203
Educational
$5,081,121
Medical
$5,255,868
Retail
$7,903,966
Location Insight
City
Lilburn
County
Gwinnett
State
Georgia
Latitude
33.8989
Longitude
-84.142
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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