High Volume - Great Cash Flow

Blue Ridge, GA (Fannin County)

Seller Financing Available
High Volume - Great Cash Flow
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Asking Price: $575,000

Cash Flow: $210,000

Gross Revenue: $1,550,000

EBITDA: N/A

FF&E: N/A

Inventory: $62,000

Rent: $5,000 /Month

Established: 2014

High Volume - Great Cash Flow

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Business Description

Seller Financing Available with Significant Downpayment

DO NOT CONTACT STAFF or DISCUSS PURCHASE with any employee or customer of the Tavern. CONFIDENTIAL. Full Financials, Equipment List, Lease Terms, etc Available with NDA and Completion of Vetting Document.

Highest volume restaurant/bar in Blue Ridge featuring scratch made tavern fare, new retail store, shuffleboard, darts and full service bar. Casual atmosphere with amazing outdoor seating area, dog friendly covered patio and great tourist and local following. Exceptional year over year growth with strong margins. Consistent upkeep and maintenance means there's little to do but come in and take over. Assume competetive lease with built in leasehold improvements. New flooring.

Tuesday trivia nights draw great crowds year 'round.

Main dining room seats 70+. Outdoor deck seats 50. Bar 1 seats 14. Additional patio seating has 16 seats plus barrels for standing. Great college and NFL crowds.

Over 1.5MM in annual sales while only open 5 days a week. Expand hours, expand menu and increase revenue immediately.

Strong following on Facebook/Twitter/Instagram with more than 4.5K viewers.

Attached Documents


Detailed Information

Location:
Blue Ridge, GA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,700
Lease Expiration:
2/1/2024
Employees:
35
Facilities:
3500+ sq feet not including deck. Class 1 hood w 2 vent fans. Sale includes FF&E SUV with wrapped logo included in Sale.
Competition:
Competitors exist however competition is very segmented (locals only, high end customers, etc.). Current demographic includes locals, tourists, high and budget customers. Town continues to expand with "off season" (normally January and February) reducing each year through excellent marketing by city planners - adding festivals etc. Scenic Railway brings in an est. 100,000 tourists per year.
Growth & Expansion:
Each year we make a plan to improve topline revenue and/or margin. Expansion of hours/days of operation, expansion of menu, addition of retail store, etc. are opportunities for additional growth.
Financing:
Full Financial Disclosure available after completion of NDA & Vetting Document
Support & Training:
45 days training included with additional 30-60 available for a fee.
Reason for Selling:
New Business Opportunity in Pacific NW.
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Business Listed By:
jim carruthers

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