Profitable Turn Key Bar & Grill for Sale in NC

Waynesville, NC
Haywood County


Asking Price: Annual Revenue:
$269,000 $819,345

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Turn Key Bar & Grill for Sale in NC Broker: Tabby Hemphill

Quick Facts

Asking Price: $269,000
Annual Revenue: $819,345
Net Profit: Not Disclosed
Cash Flow: $167,612
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: 28
BBN Listing #: 35178096
Broker Reference #: 8220

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Business Overview:

Looking to make your move to the Mountains of Western North Carolina? This Bar & Grill for Sale is profitable and ready for new owners. Currently on track for an Owner/Operator to earn $167,000 in 2021 and climbing! SBA Lending available for qualified buyers. Full Liquor License. Asheville, NC is growing at a record pace and this growth is spilling over to the surrounding areas, causing the small towns Western North Carolina Region to expand as never seen before! This Bar & Grill for Sale in the Mountains of Western North Carolina is tucked away in downtown of a historic small town just minutes from Asheville and a short drive to Tennessee. This profitable Bar & Grill for Sale is a Certified Pre-Owned Restaurant which means this business has undergone a top-to-bottom review by the most highly trained, knowledgeable and educated Restaurant Brokers in the industry. What does that mean for you? Lending! The 10-point inspection assures that lending will be available on this opportunity. The Restaurant Brokers at We Sell Restaurants have lending resources that can have a qualified buyer approved in days, not weeks. Current numbers have this Bar & Grill for Sale on-track for an owner/operator to earn $167,000 of $819,000 in sales which is an increase of 68% over 2019. These numbers are based solely on first quarter of 2021, and if you've ever visited the Blue Ridge Mountains of Western North Carolina you know that Fall is the peak season here. So, these numbers have every opportunity to increase by year-end. Fully equipped, this Bar & Grill for Sale comes completely outfitted for you to continue operations from day one. The sellers have spared no expense in keeping this establishment remodeled and refurbished during their ownership. This includes two Brand New coolers as well as updating all the bar cooling systems. Nothing for a new buyer to do but come in and keep up the sales! The large 4,600 square foot space has favorable lease terms of just $4,300 per month and is valid through 2026. Surrounded by the Blue Ridge Mountains and just a short drive to the Great Smokey Mountains National Park and Blue Ridge Parkway makes this Bar & Grill for Sale the ideal location for anyone wanting to enjoy the laid-back quality of life WNC offers. Click to Acknowledge Confidentiality and get started on your path to living in the mountains! Call today!

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Property Features and Assets:

20 Tables 56 Chairs Bar Chairs Pitchers Microwave Tea Machine Tea Urns Telephones Shelving Ice Maker Ice Chest Walk In Sink Ecolab Dishwasher Turbo Air Freezer Hand Sink Beer Cooler Refrigerator Salad Cooler Grill Deep Fryer 3 Credit Card Machines POS System Heat Lamps Freezer Slicer Mixer Chopper Rice Cookers Smallwares

Market Competition and Expansion:

The area is booming Asheville is overflowing into this town Change over to a Mountain food experience has substantial increased revenue Up 68 from 2019. Great Location Unique Mountain food comforting staff and decor It is turn key and Does not need any upgrades, set for success

Reason for Selling:

Retirement

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.

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