Turnkey Restaurant or Asset Sale in Prime Duluth Location
Business Description
Turnkey restaurant and asset-sale opportunity in a prime Duluth retail location. This approximately 1,960-square-foot Korean-Chinese franchise restaurant is fully operational and offers buyers two flexible paths: continue with the existing franchise or acquire the assets and introduce a new restaurant concept, subject to applicable approvals.
The franchise provides established recipes, sauces, noodles, key supplies, and operating procedures. All furniture, fixtures, and equipment are included, along with approximately $7,000 in inventory. The restaurant features a spacious dining area, service counter, preparation area, and fully equipped commercial kitchen. Significant improvements include two HVAC systems and a commercial boiler.
The monthly base rent is $5,000, plus approximately $1,200 for CAM and water. The current lease runs through November 2027 with a six-year renewal option. A beer and wine license is currently in place, and the seller will provide up to three weeks of training.
This is an excellent opportunity for an owner-operator seeking an established franchise or a fully equipped space for a new restaurant concept. Growth opportunities include social media marketing, delivery services, catering, menu expansion, and stronger community outreach.
The owner is retiring and ready to transition the business to a new operator. Tours are by appointment only. Please do not contact the restaurant or its employees directly.
The franchise provides established recipes, sauces, noodles, key supplies, and operating procedures. All furniture, fixtures, and equipment are included, along with approximately $7,000 in inventory. The restaurant features a spacious dining area, service counter, preparation area, and fully equipped commercial kitchen. Significant improvements include two HVAC systems and a commercial boiler.
The monthly base rent is $5,000, plus approximately $1,200 for CAM and water. The current lease runs through November 2027 with a six-year renewal option. A beer and wine license is currently in place, and the seller will provide up to three weeks of training.
This is an excellent opportunity for an owner-operator seeking an established franchise or a fully equipped space for a new restaurant concept. Growth opportunities include social media marketing, delivery services, catering, menu expansion, and stronger community outreach.
The owner is retiring and ready to transition the business to a new operator. Tours are by appointment only. Please do not contact the restaurant or its employees directly.
About the Business
- Years in Operation
- 2
- Employees
- 3 Full-time
- Franchise
- This business is an established PAIK's Noodle franchise
- Facilities & Assets
- Approximately 1,960 square feet in a prime Duluth retail location with strong visibility and an established restaurant layout. The space includes a spacious dining area, service counter, food-preparation area, and fully equipped commercial kitchen.
- Market Outlook / Competition
- The Duluth and greater Gwinnett County restaurant market benefits from continued population growth, a highly diverse customer base, and strong demand for Asian and international dining concepts. Consumer demand for convenient dine-in, takeout, and delivery options remains active, creating opportunities for an experienced operator with effective local marketing and cost controls.
With restaurant construction and equipment costs remaining high, acquiring an existing fully equipped location may offer a significant advantage over building a new operation from the ground up. This opportunity is especially attractive because a buyer may continue the established franchise model or introduce a new restaurant concept, subject to applicable approvals. - Opportunities for Growth
- The business offers meaningful growth potential through stronger local marketing, social media engagement, online ordering, third-party delivery platforms, and catering services. An active owner-operator could also increase sales by introducing promotions, expanding community outreach, optimizing the menu, and building relationships with nearby businesses and organizations.
A buyer continuing the franchise may benefit from established recipes, sauces, noodles, key supplies, and operating procedures provided by the franchisor. Alternatively, an asset-sale buyer may introduce a new restaurant concept, expand the menu, or reposition the space to serve a broader customer base, subject to landlord and applicable government approvals.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,960
- Rent
- $5,000 per month
- Lease Expiration
- 11/30/2027
About the Sale
- Seller Motivation
- The owner is retiring.
- Transition Support
- 3 weeks after closing
Listing Info
- ID
- 2537369
- Listing Views
Attached DocumentsAttachment Disclaimer
[Brochure] Young & Partners Realty - Hongkong.pdf
Business Location
Listing ID: 2537369 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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