For Sale
$399,000

Established Georgia Bakery and Restaurant for Sale! Profitable And Wl Blue Ridge, GA 30513

Established eatery, high profits, turnkey.

Overview

Added:
Dec 11, 2024
Days on market:
138
This thriving bakery and restaurant in McCaysville, Georgia, presents a remarkable investment opportunity. Priced at $399,000, this well-established business boasts over $700,000 in annual sales and a net owner benefit exceeding $250,000. Located in Fannin County (zip code 30513), this 1,800 square foot retail space enjoys a prime downtown location, attracting both locals and the 74,000 annual tourists visiting the Blue Ridge Scenic Railway. The fully equipped kitchen features a hood system, grease trap, two fryers, ample refrigeration (including walk-in freezer and reach-in units), prep tables, ovens, and all necessary smallwares for efficient operation. The sale includes substantial equipment, seating for 105 patrons (30 inside), and outdoor amenities such as heaters. A 5-year lease is in place with a monthly rent of $4,500, and the landlord provides valuable amenities, including a 24KW LP generator. The current owner, retiring after four years of operation, offers three weeks of training to ensure a smooth transition. This turnkey operation, with eight employees, presents significant growth potential by simply extending operating hours. The business is a proven success, requiring minimal advertising due to its ideal location and strong customer base. This is a rare chance to acquire a high-profit, established business with no royalties or transfer fees.

Highlights

  • $750,000 Gross Annual Revenue.
  • $259,000 Annual Cash Flow.
  • No Seller Financing Available.
  • Fully equipped 1,800 sq ft restaurant with hood system, grease trap, two fryers, ample refrigeration (walk-in freezer, reach-in units), prep tables, ovens, and all necessary smallwares.
  • Seating for 105 (30 inside), plus three outdoor heaters.
  • Five-year lease at $4,500/month; landlord provides a 24KW LP generator.

Property Details for Established Georgia Bakery and Restaurant for Sale! Profitable And Wl

Property type
Retail properties, Restaurants
Square Feet
1,800 SF

Location Insight

City
Blue Ridge
County
Fannin
State
Georgia
Latitude
34.8869359
Longitude
-84.375233

FAQs

What type of property is this?
Retail property - Established eatery, high profits, turnkey.
Where is the retail property located?
The property is located at Established Georgia Bakery and Restaurant for Sale! Profitable And Wl Blue Ridge, GA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: $750,000 Gross Annual Revenue.; $259,000 Annual Cash Flow.; No Seller Financing Available.
How can I contact the broker?
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