Unique-Waterfall Roadside Attraction/Event Venue

Pigeon Forge, TN
Sevier County

Wears Valley- 4.5 miles from Pigeon Forge

Asking Price: Annual Revenue:
$157,000 Not Disclosed

Recreation: Outdoor

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RE: Unique-Waterfall Roadside Attraction/Event Venue Broker: Clyde
Owner Financing is Available!
Possible owner financing with large down payment.

Quick Facts

Asking Price: $157,000
Annual Revenue: Not Disclosed
Net Profit: $80,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: 2
BBN Listing #: 466262413
Broker Reference #: Not Disclosed

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Business Overview:

Friendly Falls is a completely unique business located on a busy tourist highway with a natural waterfall just outside of Pigeon Forge and the Great Smoky Mountains National Park. Several well established revenue streams including snack bar, gem mine, gift shop, and event business with room for growth. Licensed by the TN Dept of Health and has a transferable beer permit. Customers can have a beer or enjoy an ice cream while they put their feet in the creek! Families return year after year!

Imagine yourself looking at a beautiful waterfall while you work. Just wanna buy a business, there are lots of yogurt stores in strip malls. Wanna change your life? Buy your own waterfall!

Check out our website, facebook, tripadvisor, and google reviews to get a better idea of this unique business. Won't find another place like this.

Lease of $2,500 per month with negotiable terms. Financial info available for serious qualified buyers. Will work with brokers on a non-exclusive basis. Business is open seasonally 240 days a year. Income could be increased immediately by opening more days. Sales price does not include real estate but it is available for an additional $950,000 and includes 2 lots totaling 5 acres and has an unfinished creekside cabin.

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Property Features and Assets:

300 sq/ft store/snack bar with covered deck and 150 foot covered walkway overlooking the waterfall. River runs thru the 5 acre property. Grassy garden area with Magic Gem Mine and large covered party pavilion. Various refrigeration, banquet tables and chairs, Gem Mine materials, signage, successful social media accounts and website. Premises is licensed by the Department of Health and the Beer Board which can be transferred. Wine or liquor by the drink permit possible. Check out this video to get a better idea how this unique property is laid out: https://www.youtube.com/watch?v=DfdmPEFLinA

Market Competition and Expansion:

Totally unique, won't find anything like it around, and impossible to recreate at any price. We fit the old time mountain feel many people are looking for as an alternative to the commercialism of the Parkway. Lots of tourists driving by on their way to Cades Cove in the Great Smoky Mountains National Park. Close to it all, but feels like you are in the mountains. Sevier County is #3 in the country after NYC and Vegas in terms of number of marriages performed. This is the only natural waterfall hosting weddings outside of the National Park.

Reason for Selling:

Pursuing career as commercial drone pilot

Additional Details:

  • The property is owned.
  • 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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