2 Operating Restaurants & Real Estate Investment In North Georgia
Business Description
2 Operating Restaurants & Real Estate Investment in North Georgia
Includes Real Estate, Two Restaurants, and Residential Rental Income
This is a rare opportunity to acquire two separate restaurant concepts operating in two adjacent buildings, along with income-producing real estate in the highly desirable Blue Ridge, North Georgia market. The property sits on approximately 2.89 acres in a strong tourism-driven location within the Blue Ridge Mountains.
Both restaurants are fully operational, fully staffed, and currently run with an absentee owner. A liquor license is in place, and approximately $250,000 in furniture, fixtures, and equipment is included in the sale. The property offers approximately 8,252 square feet of improvements, parking capacity for over 100 vehicles, and a large outdoor dining and entertainment area. The site is located in Flood Zone X (not in a floodplain) and benefits from no county zoning restrictions.
The restaurants currently generate $539,830 in gross revenue with Seller’s Discretionary Earnings of $97,878. In addition to the restaurant operations, the property includes five residential homes. Three units are currently leased, generating approximately $50,400 annually, with pro forma rental income projected at $79,200 once all units are stabilized.
For investors who prefer a landlord model rather than operating restaurants, the two restaurant spaces could be leased for approximately $7,000 per month combined, allowing an owner to convert the asset into a more passive commercial real estate investment while continuing to collect residential rental income.
There are multiple avenues for growth, including expanding operating hours, increasing marketing and event programming, stabilizing the remaining residential units, and potential development of additional rental units, cabins, or commercial structures (subject to county requirements).
This opportunity is ideal for an owner-operator seeking control of both business and real estate, a hospitality group expanding into North Georgia, or an investor looking for diversified income streams in a high-demand tourism market.
This is a confidential listing. The exact address and restaurant names will be disclosed only after a signed NDA and proof of funds are provided.
Includes Real Estate, Two Restaurants, and Residential Rental Income
This is a rare opportunity to acquire two separate restaurant concepts operating in two adjacent buildings, along with income-producing real estate in the highly desirable Blue Ridge, North Georgia market. The property sits on approximately 2.89 acres in a strong tourism-driven location within the Blue Ridge Mountains.
Both restaurants are fully operational, fully staffed, and currently run with an absentee owner. A liquor license is in place, and approximately $250,000 in furniture, fixtures, and equipment is included in the sale. The property offers approximately 8,252 square feet of improvements, parking capacity for over 100 vehicles, and a large outdoor dining and entertainment area. The site is located in Flood Zone X (not in a floodplain) and benefits from no county zoning restrictions.
The restaurants currently generate $539,830 in gross revenue with Seller’s Discretionary Earnings of $97,878. In addition to the restaurant operations, the property includes five residential homes. Three units are currently leased, generating approximately $50,400 annually, with pro forma rental income projected at $79,200 once all units are stabilized.
For investors who prefer a landlord model rather than operating restaurants, the two restaurant spaces could be leased for approximately $7,000 per month combined, allowing an owner to convert the asset into a more passive commercial real estate investment while continuing to collect residential rental income.
There are multiple avenues for growth, including expanding operating hours, increasing marketing and event programming, stabilizing the remaining residential units, and potential development of additional rental units, cabins, or commercial structures (subject to county requirements).
This opportunity is ideal for an owner-operator seeking control of both business and real estate, a hospitality group expanding into North Georgia, or an investor looking for diversified income streams in a high-demand tourism market.
This is a confidential listing. The exact address and restaurant names will be disclosed only after a signed NDA and proof of funds are provided.
About the Business
- Years in Operation
- 6
- Employees
- 6 Full-time
Real Estate
- Owned or Leased
- Owned
- Included in asking price
Listing Info
- ID
- 2475821
- Listing Views
- 13
Listing ID: 2475821 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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