North Carolina Business For Sale

Main Street Restaurant With Banquet Space in WNC

Not Disclosed, NC

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$17,900
$372,800
Not Disclosed
$47,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2008
10
81417451
Owner Financing is Available
Seller will consider merger/financing for qualified buyer/investor.

Business Overview:

Recently revitalized downtown restaurant with incredible location, parking and visibility. Excellent business with increasing revenues and proven banquet and lunch/dinner menus. Live music on weekends in separate bar/lounge. Facility layout offers flexibility. Large kitchen with high ceilings, Great draw from locals and tourists. Best competitive facility in entire town (near Asheville).

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Building is 8,000 square feet with 1,000 square feet providing rental income. Remaining space is divided into fine dining, bar/lounge/ and private banquet room (capacity 120). New paint, decorations, local art displays on the walls complementing the low-country specials offered. Lease is 5 years with 3 renewals ($5,920 per month). Excellent parking nearby and in front of building.

Market Competition and Expansion:

Simply, this is the best facility and menu in popular tourist, college and retirement town. No competition has comparable space.

Reason for Selling:

Other Opportunities

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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