Family Style Restaurant With Real Estate
Not Disclosed, NC Cleveland County
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- RE: Family Style Restaurant With Real Estate
- Contact: Greg Barnes
Quick Facts
| Asking Price: | $450,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 120,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1948 | |
| Employees: | 26 | |
| BBN Listing #: | 346349300 | |
| Broker Reference #: | 14341-921165 |
Business Overview:
We are pleased to offer for sale this profitable and popular restaurant. Serving delicious seafood, chicken, and other mouthwatering specialties. This restaurant has become a local favorite as well as a destination spot for miles around and even from other states. This is a rare opportunity to step into a well-established and turn-key profitable location.
The restaurant is in Western North Carolina, in the foothills of the beautiful Smokey Mountains but at the same time, close to several major cities. The area is well known for all types of recreation, entertainment, and outdoor activities and attracts tourists year-round.
The kitchen is well equipped with plenty of storage and refrigeration as well as a walk-in refrigerator and freezer. There is a large dining room along with a separate area that can be used for parties, meetings, and special events. This operation is fully staffed with cooks, servers, and management.
A new owner will be able to build on this solid foundation and success and should be able to see sales and profits increase. In fact, there are several additional money-making possibilities available that the current owner is not utilizing.
The seller is ready to semi-retire but is willing to teach and train a new owner and their team to ensure a smooth transition.
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Property Features and Assets:
FF&E General Condition: Good Condition
Market Competition and Expansion:
Well known in the area and there is a strong following. The addition of digital marketing would greatly increase revenue.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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