Remarks

Located at 63 Talona Spur Road in Ellijay, Georgia, this opportunity includes the real estate as well as the business. All of the business' equipment & up to $150,000 worth of inventory are included. Any inventory in excess of $150,000 held by the business at the time of sale may be included in the sale & is negotiable. The property is situated on 7.75 acres that is highly visible from Georgia State Route 515. SR-515 is the main thoroughfare in the area which connects the Atlanta area to the North Georgia Mountains and has a traffic count of 19,800 vehicles per day in Ellijay. The buildings were built between 1992 and 2016 and total approximately 38,619 square feet of space, which is comprised of 16,532 square feet of retail & kitchen area, 19,549 square feet of warehouse/processing area, and 2,538 square feet of cold storage. There is ample parking with 204 parking spaces & plenty of additional gravel parking. The property is bordered by a stone/metal fence with pillared gates at the parking lots entrance & exit. The business was originally founded in 1927 by the current owner's grandfather, Joel Stembridge, and has remained in the family since. Panorama Orchards & Farm Market is a specialty grocery store that features more than 20 varieties of apples, peaches, other fruits & vegetables, and a wide array of other specialty products. Specialty products include apple cider and delicious baked goods which are prepared on site. The business originally began by growing apples and wholesaling, however due to market changes the business shifted into retail in the 1980's. The business typically employs 16-19 employees full-time and has up to 40 seasonal employees during prime apple season. Panorama prides themselves on their top-quality products and friendly service, which has resulted in an unparalleled local reputation and strong revenue growth. Revenue has increased by 75% since 2017. Financial information is available upon request for qualified buyers.

Details

MLS#: 409003
Price: $5,500,000

Style: Commercial
Sq Ft: 38619
Year Built: 1992

County: Gilmer