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OFF-MARKET
Retail properties & Spaces

0 Mexican Restaurant For Sale In Ellijay With Owner Benfit Of $85K! Ellijay, GA 30540

2,700 SF Built 2022
Property ID
Property summary
AI-generated overview

This thriving Mexican restaurant in East Ellijay, Georgia, is offered for sale at $184,900. Established in 2022, this 2,700 square foot eatery boasts impressive annual sales of $464,000 and an owner benefit of $85,400. The restaurant features 70 seats (50 inside, 20 outside) and a convenient drive-thru window, catering to a wide range of customers. The fully equipped kitchen includes a hood system, grease trap, fryer, six-burner stove, grill, three-compartment sink, and ample prep space, along with all necessary smallwares, shelving, and refrigeration units. The sale includes all equipment and furnishings, eliminating build-out costs. The current lease runs until December 31, 2025, at a monthly rate of $2,500. The restaurant enjoys a prime location in a high-traffic area, supported by a 4.8-star Google rating. Two weeks of owner training are provided for a smooth transition. This is a fantastic opportunity to acquire a profitable, established business with significant earning potential, requiring no franchise fees. The sale is an asset sale, and inventory is not included in the asking price. Seller financing is not available.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2022
Total area 2,700 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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