PRICE BREAK for Premier Restaurant

Blue Ridge, GA (Fannin County)

PRICE BREAK for Premier Restaurant
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Asking Price: $675,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $6,930 /Month

Established: 2009

PRICE BREAK for Premier Restaurant

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Business Description

NEW PRICE and new motivation. Price reduction for iconic restaurant.
This is an incredible opportunity to own a proven success story. The business plan, the menu and the staff are in place to continue the growth that has been the hallmark of this restaurant. Located in the absolute heart of the most desirable retail block, this top tier dining establishment has added a full service bar to further enhance the facility. The gross revenue continues to improve on itself each year.
The exciting city of Blue Ridge is the primary stop in the North Georgia Mountains for hiking, fishing, biking and boating, not to mention the fall colors each year found in the Chattahoochee National Forest.
This is an open and operating business. Please make no attempt to discuss this opportunity with any employees in the restaurant. For additional information, contact Bill Pierce, 404 / 405-3544

Detailed Information

Location:
Blue Ridge, GA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,000
Lease Expiration:
N/A
Employees:
40
Facilities:
Three levels of operation with the main (middle) level being the primary dining room and kitchen. Upstairs is a special event venue and private dining space that is currently not used. On the lower level is the new full-service bar and additional dining space. There is almost 7,000 sq ft of space on the three levels. Located in the prime downtown retail district in a free-standing leased building.
Competition:
One of the premier restaurants of downtown Blue Ridge, the thriving mountain town that is bustling with tourists and locals alike. Impeccable reputation for both the food menu and the customer service. Very loyal repeat customers. Business operations are generating increased revenues each year.
Growth & Expansion:
The restaurant is currently serving customers only 5 and 1/2 days per week with minimal emphasis on bar operations. Future revenues could be enhanced by operating more hours per day and per week, and by positioning the bar to be a feature instead of simply a convenience while patrons wait for their table. Catering is an underutilized capability.
Support & Training:
Seller will ensure a smooth transition.
Reason for Selling:
Sellers are looking to slow down their activity level.
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Business Location


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Bill Pierce

Business Listed By:
Bill Pierce

Coldwell Banker High Country Realty

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Memberships & Certifications:
Indicates membership in The Georgia Association of Business Brokers (GABB).

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