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Asking Price: $2,500,000

Freestanding Farmers Market, Cafe, Gift Shop w/RE

Douglasville, GA
Douglas County

Douglasville GA Freestanding Farmers Market, Cafe, Gift Shop & Sweet Shop for Sale w/Real Estate or Lease – Profitable – SBA Friendly w/Clean Books(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request)The Farmer’s Table and Sweet Shop for Sale or Lease.Located at 3670 GA-5, Douglasville, GA 30135.Adjacent Sweet Shop is located at 3668 GA-5, Douglasville, GA 30315.Great training and support are included in the sale.2022 Gross Sales $2,139,925.2022 Net Income $376,411.2021 Gross Sales $2,265,888.96.2021 Net Income $350,000.The Farmer’s Table:The building consists of approximately 5,696 square feet on the main (Retail) level and about 945 sf on the upper level that serves as an office and storage area. The building was originally constructed in 1988 as a convenience store then modified and renovated to it’s current Use as Grocery.The building is partitioned into a Retail area, Deli Area, Commercial Kitchen and one, two fixture public restroom. The interior has finished concrete flooring with finished wall board and open (exposed) ceilings at a 10' to 15' eave height.The site consists of an estimated 0.85 acres and is HG (Heavy Commercial) zoned. Parking and drives consists of average to good condition asphalt with spaces for about 20 cars (one of which is designated for handicapped access). Site improvements consist of professional landscaping and sign.Zoned CH, Heavy Commercial DistrictDouglas County has the Subject Property Fair Market Value (FMV) at $808,300.Based on a 40% Assessment and a 2020 millage Rate of 33.163, the estimated Tax Liability is $10,722Sweet Shop:The subject property serves as a Retail Building (Ice Cream Store) of wood frame construction on a crawl space (piers) with vinyl lap siding and soffit and cornice with a metal roof. The building consists of approximately 1,900 square feet on one level. The building was originally constructed in 1984 as a residence and has undergone several renovations (most recently in 2017) and re zoning over the years to its current Use as a Retail Facility space. The building appears to be in very good condition.The building is partitioned into a Retail area, Event Room, Prep Room and two, two fixture public bathrooms. The interior finish has laminate and vinyl flooring (commercial grade) with finished wall board and open (vaulted) ceilings at an 8' height.The site consists of an estimated 0.45 acres and is CG (General Commercial) zoned. Parking and drives consists of good condition asphalt with spaces for 15 cars (one of which is designated for handicapped access). Site improvements consist of professional landscaping and sign.Zoned C-GDouglas County has the Subject Property Fair Market Value (FMV) at $284,300.Based on a 40% Assessment and a 2020 millage Rate of 33.163, the estimated Tax Liability is $3,771.Keep or convert.July 27, 2021 Real Estate Appraisal (Excluding Business) came in at $1,850,000 for The Farm Table and $450,000 for Sweet Shop.Due diligence includes incredible books, records and appraisals.Pricing Options: 1) $2,500,000 includes both properties, buildings, inventory and businesses.2) $850,000 for Business including on-hand inventory, vehicles, equipment with triple net lease for 10- years with 10-year options to renew starting at $10,000 monthly plus $1500 real estate taxes per month.3) $2,000,000 Real Estate Purchase only available when Business sold.

Cash Flow $376,411
Revenue $2,139,925

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