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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Restaurant Wine Bar & Bottle Shop For Sale! Jasper, GA 30143

1,600 SF Built 2022
Property ID
Property summary
AI-generated overview

This thriving tapas restaurant, wine bar, and bottle shop in downtown Jasper, Georgia, presents a remarkable opportunity for ownership. Established in 2022, this 1,600-square-foot space boasts nearly $400,000 in annual revenue while operating only three days a week for a total of 24 hours. The current owner's profit is approximately $31,000 annually. The business includes all equipment, including three reach-in coolers, two reach-in freezers, a POS system (Square), security system with cameras, and ample seating for 30 patrons. The sale includes a comprehensive handbook detailing all procedures and two weeks of owner training for a seamless transition. The current lease, at a monthly rate of $2,187, expires October 31, 2024, with a potential for expansion into an additional 1,600 square feet. The asking price is $199,000, and the business holds retail alcohol and tobacco licenses. This turnkey operation offers significant growth potential by simply expanding operating hours and adding menu items like breakfast and lunch. All kitchen equipment is included, such as a three-compartment sink, convection oven, prep tables, and various smallwares. The sale is an asset sale, and inventory is not included in the asking price. This is a rare chance to acquire a profitable, established business with substantial upside in a growing downtown area.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2022
Total area 1,600 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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