Business for Sale in Suwanee GA

Suwanee, Georgia, is a great place for entrepreneurs and investors. It has many business opportunities for everyone. You can find everything from restaurants to retail stores.

In Suwanee, you can find investment options for any budget. Prices range from under $100,000 to over $735,000. You can choose from turn-key operations, local businesses, or franchises.

Recent data shows Suwanee’s business scene is lively. Out of 182 Georgia businesses for sale, 45 are in Suwanee. This shows the city’s strong commercial activity.

Key Takeaways

• Suwanee offers diverse business opportunities across various industries
• Investment options range from under $100,000 to over $735,000
• Available businesses include restaurants, retail stores, and service-oriented companies
• The market features turn-key operations, franchises, and established local businesses
• Suwanee’s business landscape caters to both new entrepreneurs and experienced investors

Business for Sale in Suwanee GA: Market Overview

Suwanee’s business scene is booming with diverse opportunities. A recent analysis shows a 12% rise in real estate listings from September to October 2024. This growth points to a vibrant market with various businesses up for grabs.

Current Market Conditions

In October 2024, Suwanee’s median property list price hit $629,782. This reflects a strong economy and potential for valuable investments. Notably, 14 listings sold above asking price, while 38 sold below.

Types of Available Businesses

Suwanee’s market offers a wide range of businesses for sale. These include:

• Convenience stores
• Restaurants
• Retail shops
• Service-oriented companies

With 67% of residents holding post-secondary degrees, Suwanee supports knowledge-based and professional services. This educated population creates a prime market for specialized businesses.

Investment Range and Opportunities

Suwanee offers investment options for various budgets. Smaller operations may cost under $100,000, while high-volume establishments can reach $1.75 million. The market includes both franchise resales and independent businesses.

Suwanee’s 17,649 residents and 71% home ownership rate provide a stable customer base. The 37% of married couples with children offer chances for family-oriented businesses.

Restaurant and Retail Opportunities in the Area

Suwanee boasts a rich array of commercial real estate options. The city’s thriving business scene offers many chances in restaurant and retail sectors. Entrepreneurs and investors can find diverse opportunities here.

Restaurant Spaces and Turn-Key Operations

Suwanee’s restaurant market caters to various tastes. A notable listing is a Japanese/Korean restaurant in Midtown for $90,000. Founded in 2010, it earns $230,000 annually with a $45,000 cash flow.

The sale includes $60,000 in furniture, fixtures, and equipment. This makes it an attractive turn-key operation for potential buyers.

Retail Store Locations

Retail spaces in Suwanee come in many sizes. A standout listing is a convenience store on Candeller Road for $160,000. Established in 2020, it makes $360,000 in gross revenue with $108,000 cash flow.

Another option is a liquor and convenience store in Rome city. It’s available for $70,000 and brings in $660,000 gross income.

Commercial Property Features

Suwanee’s commercial real estate offers various sizes and amenities. Retail properties range from 6,000 to 81,728 square feet. Some listings include equipment and inventory in the sale price.

The area also has development sites in nearby cities. These are ideal for new construction projects or business expansions.

Financial Considerations for Business Buyers

Buyers must carefully assess a Suwanee business for sale. This involves analyzing financial statements and tax returns from recent years. A thorough review helps uncover potential issues that could affect the business’s true value.

Cash flow analysis is vital for determining a company’s financial health. For example, a high-volume liquor store might have $1,600,000 in annual revenue. Its cash flow could be $400,000, showing profitability and operational efficiency.

Assessing revenue potential is crucial when evaluating a business. Some businesses may have lower current revenue but offer significant growth opportunities. Buyers should consider various factors when making their decision.

• Existing contracts with vendors
• Established customer base
• Market position
• Brand value

Additional costs like inventory, rent, and utilities must be factored in. These expenses can impact the overall financial picture of the business. Understanding these financial aspects is key to making an informed purchase decision.

Strategic Location Benefits in Suwanee

Suwanee’s location in Gwinnett County offers many business advantages. Its position creates a fertile ground for success and growth. Entrepreneurs can thrive in this strategically placed city.

Demographics and Customer Base

Suwanee’s demographics show a thriving community. The median household income here is well above the national average. This attracts high-end retailers and service providers.

Young families and professionals make up a large part of the population. This creates a diverse customer base for many types of businesses.

Local Business Environment

Suwanee’s business-friendly environment helps companies grow and innovate. The city offers easy processes for business permits and licenses. This makes it simple for entrepreneurs to start their ventures.

Local networking events and business groups provide many chances to work together. These opportunities foster support within the community.

Growth Potential in Gwinnett County

Gwinnett County is growing faster than many other Georgia regions. This rapid growth means more demand for goods and services. New homes bring in potential customers.

Commercial projects create opportunities for business-to-business ventures. The county’s expansion benefits various sectors of the economy.

• Population growth rate exceeds state average
• Steady increase in median property values
• Rising number of new jobs created annually

Suwanee’s location and attractive demographics make it ideal for entrepreneurs. The supportive business climate adds to its appeal. These factors help businesses tap into Gwinnett County’s impressive growth.

Conclusion

Suwanee, GA is a goldmine for entrepreneurs. Its 17,649 residents and 6,158 households provide a solid customer base. The real estate market is booming, with a 12% increase in listings and a median price of $629,782.

The city’s demographics boost its investment appeal. With 71% homeowners and 67% college-educated residents, it’s a stable, educated market. This setting is perfect for businesses targeting families, as 37% are married with children.

Suwanee’s real estate scene offers various business options. The market is balanced, with properties selling at different price points. Entrepreneurs can use flat fee MLS services for cost-effective listings.

Suwanee’s growing population and vibrant market create opportunities for business growth. It has all the ingredients for long-term entrepreneurial success. Whether you’re opening a restaurant or retail store, Suwanee is ripe for investment.