This thriving Thai restaurant, Wild Ginger Thai Cuisine, presents a unique investment opportunity in the bustling Chamblee, GA area. Located at 2201 Savoy Dr, this freestanding, 2,200 square foot establishment boasts prime visibility on Hwy-285, just minutes from major thoroughfares like Dunwoody and Spaghetti Junction, and close proximity to Perimeter Mall, Buckhead, and Sandy Springs. Built in 2006, the restaurant features a 50-seat dining room and a 4-seat bar, along with dedicated pylon signage ensuring high visibility. The business has been under the same ownership since its inception, demonstrating consistent success and operational stability. Financial records indicate 2023 gross sales of $450,000 and a net profit of $150,000 (including owner salaries and add-backs). Projections for 2024 mirror the previous year's performance. The sale includes a fully staffed operation with owner support and training provided for a smooth transition. The asking price is $300,000, with owner financing available. This property offers a compelling opportunity to acquire a well-established business with significant growth potential in a high-traffic location. The restaurant's menu specializes in Thai classics, curries, and other Pan-Asian fare, catering to both dine-in and delivery customers.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$833,845
6.5%
$769,703
7%
$714,724
Comparable approach
Method
Valuation
Relative Method
$1,108,413
Geo Method
$337,507
Alternative Use
Use
Valuation
Residential
$649,273
Hospitality
$594,731
Educational
$494,809
Medical
$511,826
Retail
$769,703
Location Insight
City
Atlanta
County
Dekalb
State
Georgia
Latitude
33.9194
Longitude
-84.2983
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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