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- LoopNet Team
63 Talona Spur Rd
Ellijay, GA 30536
Panorama Farm Market · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rare opportunity to own an established and highly successful business that has been owned by the same family for nearly 100 years
- Offering includes the real estate, business, all equipment, and $150,000 worth of inventory. Additional inventory in excess of $150,000 is negotiable
- The business' revenue has increased by 75% since 2017
- 38,000+ square foot facility with approximately 16,000 sq. ft of Retail & Kitchen area and 22,000 sq. ft. of Warehouse & Processing area
- Located on a 7.75 acre lot that is visible from Georgia State Route 515 (19,800 vehicles per day). SR-515 is the main thoroughfare in NE GA Mountains
- Located in Ellijay, aka 'The Apple Capital of Georgia', which is in Gilmer County. Gilmer County's population has increased 78% in the last 25 years
PROPERTY FACTS
AMENITIES
- Signage
- Wheelchair Accessible
ABOUT 63 TALONA SPUR RD , ELLIJAY, GA 30536
The Lucretia Collins Team with RE/MAX Town & Country is pleased to bring to market the Panorama Orchard & Farm Market. 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, recently valued at $196,130, & 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 and 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 and 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. More detailed financial information is available to qualified buyers upon request.
PROPERTY TAXES
| Parcel Number | 3068-042 | Improvements Assessment | $397,520 |
| Land Assessment | $105,720 | Total Assessment | $503,240 |
PROPERTY TAXES
