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605 Big A Road - Quincy's, Toccoa, GA

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DetailMap
605 Big A Road - Quincy's

Toccoa, GA 30577-6023


Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1986
Building Size:9,400 SF Land Area:1.5 AC (65,340 SF)
For Sale Price:$489,000 Price/SF:$52.02
Cap Rate:-
Parking:65 Surface spaces are available; Ratio of 7.14/1,000 SF
9,100 SF is available to occupy upon purchase.



Sale Notes:
9,400 s.f. Seats 280 with private dining rooms available for up to 100 - great meeting space for civic clubs. All equipment & fully furnished. 100+ parking spaces. Store had highest % sales increase (28%) of any store in the chain in 2015
Gross sales of over $1.3 and currently only open 6 days a week. Royalties of only 2%. 21.2% POTENTIAL RETURN RATE - YEAR ONE. Owner will assist in transition/training

***The owners also have a very successful Western Sizzlin Steak House in nearby Cleveland Ga that can be purchased for $669,000 or with this one at a discount of $1.1 mil for both*** BUY BOTH AT GET A 25.7% RETURN RATE
Nestled in the beautiful foothills of the Southern Appalachian Mountains in Toccoa / Stephens County on Hwy 17 with daily traffic count of 23,400

Highlights
All equipment included - fully furnished
Seat 280 with private dining for up to 100 - great for civic group meetings
Gross sales of over $1.3 million and currently only open 6 days a week
Owner will assist with transition/training - keep franchise or change
21.2% POTENTAIL RETRUN RATE - YEAR 1 / BUY BOTH RESAURANTS FOR A 25.7% RETURN
The owners also have a very successful Western Sizzlin Steak House in nearby Cleveland Ga that can be purchased as well at discount

Berkshire Hathaway Georgia Properties
Donald Grimsley
(770) 536-3007

Brent Hoffman
(770) 533-6721




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