Established Georgia Bakery and Restaurant for Sale! Profitable And Wl Blue Ridge, GA 30513
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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