SOLD! – Southern Oaks Inn

Location: 30 Baker St
Lavonia, GA 30553
Contact: Wayne or Judy Lawson, Owners
Email: southern_oaks@msn.com
Phone: 706-356-8382 / 706-680-5414 (cell)
Toll-Free: n/a
Fax: n/a
Website: www.southern-oaks-inn-weddings.com
Owner(s): Wayne & Judy Lawson
Business Established: 12/31/1997
Affiliation: Lavonia HPC, Wedding Network

Area Description: Lavonia is a small, historic town of 2500 residents. Being adjacent to I-85 though has drawn many world-wide corporations to the area, giving Lavonia and the surrounding area an economic boost. Lavonia is also within a few minutes of Lake Hartwell and all that it offers year-round.

Site Description: Southern Oaks Inn is located 9/10 mile south of I-85 on a beautiful oak-filled corner partial of approximately two acres. The location and graceful 1918 mansion is a major focal point in Lavonia and makes for beautiful weddings and events, whether inside or on the front lawn.

Structure: Southern Oaks’ main facility of 4950 square feet was built in 1918 and has has had many upgrades in the last few years, such as a complete re-wire, new plumbing, new 40 year roof, upgraded heat pumps, and the addition of a 700 sq. ft commercial kitchen. The apartments were completely revamped for studio rental use for a better bottom line and lowering expenses. New fixtures, carpet and ptac unit were changed out.

Offering: Southern Oaks Inn is being offered as an ongoing wedding venue and rental business.(Reduced to $649,000) All current contracts and business inventory will pass. Buyer may retain name, web address, restaurant permit. Current liquor permit that had been in effect for 15 years will have to resubmit under new owner per City of Lavonia policy.

Financial Information:

• Occupancy: 95%
• Average daily rate (ADR): There are 14 month to month rental units that rent for $500.00-$550.00 per unit, per month.
• Income from room sales: $80,000-$84,000
• Taxes: $5,600
• Electricity: $10,500
• Water and Sewer: $4,200
• Gas: $589
• Insurance: $4,300

Special Notes: At this time, we have temporarily suspended our wedding business for health reasons. Questions, feel free to the owners at 706-356-8382