Business For Sale

New Restaurant / Bar / Entertainment on Main St.

Blue Ridge, GA
Fannin County

E. MAIN STREET is the prime downtown spot.


Asking Price: Annual Revenue:
$399,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: New Restaurant / Bar / Entertainment on Main St. Broker: Michael Fuerst

Quick Facts

Asking Price: $399,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: Not Disclosed
BBN Listing #: 777256055
Broker Reference #: Not Disclosed

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Business Overview:

You are investing the mentioned amount into a 35% LLC partnership within a brand new food and beverage concept right on downtown Main Street. There is an option for a silent $200000 buy-in for a 10% ownership as well. Expected return of investment one is within 30 months of opening. Investment two expected return will be within 24 months. This location is an authentic gas station from the mid 50's and will be turned into the number one hotspot in town within 18 months. Location is secured in a solid lease and now needs a build-out through the winter months. With the existing "Garage" concept, we will serve Asian Spanish Fusion cuisine throughout the day into the night. The bar will spill out into the large outdoor seating and Lounge area through original Gas Station Roll up Doors, overlooking the downtown crowd, the famous train depot and most importantly the park where all local events are held. From Arts in the Park to Fire and Ice, the Blues Festival, etc. This is a brand new business and will be created, overseen and managed by one of the local top restaurateurs and business professionals Michael F. Who currently owns three other unrelated businesses in town. This would be a partnership or can be an investment. Sit back or be Hands-On, on this ride to becoming the number one spot in the Blue Ridge food and entertainment industry. The build-out begins in December and we are planning opening spring / May 2019. Please see www.garageblueridge.com for the visual concept and location photos.

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Property Features and Assets:

The location is centralized in downtown Blue Ridge. On a straight street that leads visitors up and down Main Street. The building is an original 50 Gas Station and has all tanks removed for safety. There is plenty of parking surrounding the location and therefore offers easy access. The Garage itself is surrounded by lots of paved outdoor space that will offer individual green, seating and usable areas.

Market Competition and Expansion:

The Blue Ridge market is desperately asking for a place that offers clean but easy accessible food in a relaxed environment. By that we mean a grab and go concept as well as lighter food options that reach out to vegetarians, vegans and ethnic customers. The cabin rental crowd which makes up 60% of the longterm visitor clientele throughout the year, the train visitor tourists, as well as second home owning regulars are left without any evening / music / dancing options. They are simply stuck or wander town out of boredom. Yes there are bars, but most are alcohol driven without the option to, bring your dog, bring your family, sit outdoors and view the main happening downtown. The leading restaurants, bars are delicious and good in their concept but have limited space and seating capacity. Average wait is 45 minutes. There is huge demand for a spacious indoor / outdoor concept that can cater to a regular daily lunch crowd or turn into a 300 people venue for an evening music event. This Garage concept will do so. Most importantly the person who will manage the location is the key. Michael F. is a professional business man, highly respected in the area with a successful track record in the industry. He owns the local No.1 coffee shop and knows, lives the customer service industry. Background in running clubs, bars, restaurants, events in Germany for over 7 years, MBA in Business and Marketing and an eye for success.

Reason for Selling:

Partnership / Investment Opportunity New business

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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