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

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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:$429,000 Price/SF:$45.64
Cap Rate:-
Parking:65 Surface spaces are available; Ratio of 7.14/1,000 SF

Sale Notes:
22.13% Potential Rate of Return (based on annualized numbers from June 30, 2017).
Owner has made significant improvements/investments over the last several months (parking lot, repainted restaurant, new landscaping, etc). Sales also showed a nice pop in October (+9%), November (+7%), and December (+14%).
High Volume (approx $1.3 million) Quincy's Restaurant for sale in Toccoa, GA. Restaurant is 9400 square feet and can seat 280 ppl. Private dining room for 100 is a plus as many local civic organizations use this restaurant on a recurring basis (Shriners, Kiwanis, Gideons, among others). This FRANCHISE restaurant has significant cash flow and is only open 6 days/week. Owners are retiring, but are willing to assist with transition. Quincy's is a sister concept to Western Sizzlin' (parent company is Steak N Shake). Royalties are only 2% and advertising is set at $250/month. Great opportunity to own a profitable restaurant.
Quick Facts:

- 9,400 s.f. facility
- Seats 280
- Private dining rooms available for 100 guest-great meeting space
- 1.55 acres with dual frontage
- 23,400 cars a day traffic count
- Gross sales of approx $1.3 million yearly (and only open six days per week)
- Built in 1982
- Purchased by current owner March 2005
- 100+ parking spaces
- Store had highest % increase (28%) of any store in chain in 2015
- Royalties of only 2% and advertising fixed at $250/monthly
- Owner will assist with transition/training
- Sold completely furnished with everything...

From I-85 - exit Lavonia (Why 17). Go West on Why 17 for approx 14 miles. Restaurant will be on Right. From Gainesville, take 365 North to Hwy 17. Take 17 towards Toccoa. When 17 dead-ends into Big A Rd, turn left. Restaurant will be 4 miles on Rt.

Berkshire Hathaway Georgia Properties
Donald Grimsley
(770) 533-6738

Brent Hoffman
(770) 533-6721

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