63 Talona Spur Rd Ellijay, GA 30536
This exceptional opportunity presents a thriving, generational farm market and its accompanying real estate in Ellijay, Georgia, the "Apple Capital." The property encompasses 7.75 acres of land with high visibility from State Route 515, a major thoroughfare boasting 19,800 vehicles daily. The expansive 38,619-square-foot facility, constructed between 1992 and 2016, comprises 16,532 square feet of retail and kitchen space, 19,549 square feet of warehouse and processing area, and 2,538 square feet of cold storage. Ample parking accommodates 204 vehicles, complemented by additional gravel parking. The property features a stone/metal fence with gated entrances. The included business, established in 1927, offers a diverse range of products, including over 20 apple varieties, other fruits, vegetables, baked goods, and apple cider, all prepared on-site. The sale includes all equipment, valued at $196,130, and up to $150,000 worth of inventory (with additional inventory negotiable). The business, which transitioned to retail in the 1980s, currently employs 16-19 full-time employees and up to 40 seasonal workers. It boasts a 75% revenue increase since 2017. Detailed financial information is available upon request. The property is zoned commercial and offers a rare chance to acquire a well-established, family-owned business with significant growth potential in a rapidly expanding area. The asking price is $5,500,000.
Cap rate
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Property description
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