Own a Smoky Mountain Waterfall Roadside Attraction!
Business Description
Own the only commercial waterfall in the Smoky Mountains! The property is the former site of the Cascades Lodge built in 1936. The old rock walls, chimney, and parts of the creek fed swimming pool remain.
I have owned the property for 13 years, operating the business myself for the first ten and leasing it for the past 3. Solid tourist business with many repeat customers. Multiple revenue streams including admission charge to see the falls, gem mining, beer & snacks, rock shop & store, weddings and events, and possibilities to add more.
$80,000 gets you the business with a lease purchase agreement and an option to buy the property. $1,250,000 is the purchase price for the property. Cash offers preferred but owner financing may be possible with a good down payment.
This is a special place looking for a special buyer. Is it you?
I have owned the property for 13 years, operating the business myself for the first ten and leasing it for the past 3. Solid tourist business with many repeat customers. Multiple revenue streams including admission charge to see the falls, gem mining, beer & snacks, rock shop & store, weddings and events, and possibilities to add more.
$80,000 gets you the business with a lease purchase agreement and an option to buy the property. $1,250,000 is the purchase price for the property. Cash offers preferred but owner financing may be possible with a good down payment.
This is a special place looking for a special buyer. Is it you?
About the Business
- Years in Operation
- 13
- Employees
- 2 (2 Full-time)
We ran the business for 10 years with the two of us. - Facilities & Assets
- 5 acres including 300 sqft store, 2700 sqft unfinished cabin, 2 waterfalls. Property covers both sides of the river. One of a kind, can't be recreated at any price!
- Market Outlook / Competition
- Only commercial privately owned waterfall in the Smokies.
- Opportunities for Growth
- Lots or room for growth. Opportunity for overnight rentals or additional revenue streams.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 3,000
About the Sale
- Seller Motivation
- Retired after successfully running this business for 10 years.
- Transition Support
- As little or as much as you like
- Financing Options
- Possible owner financing with good down payment.
Listing Info
- ID
- 2444034
- Listing Views
- 94
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2444034 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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