NC Freestdg Restaurant w/Real Estate

Cherokee, NC
Jackson County


Asking Price: Annual Revenue:
$2,100,000 $1,850,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: NC Freestdg Restaurant w/Real Estate Broker: Steve Josovitz
License #: 164878

Quick Facts

Asking Price: $2,100,000
Annual Revenue: $1,850,000
Net Profit: Not Disclosed
Cash Flow: $350,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $2,100,000
Year Established: 2008
Employees: Not Disclosed
BBN Listing #: 600029193
Broker Reference #: 3069

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Business Overview:

North Carolina Freestanding Restaurant for Sale w/Real Estate – Minutes to Harrahs Casino, Great Smokey Mtns & Tennesse Border – $350K Net – Clean Books & Tax Returns

North Carolina Casual Freestanding Restaurant for Sale w/Real Estate.

Minutes to Harrahs Casino. and Tennessee Border.

Incredible area that has over 3,200,000 tourists that pass thru town in a year. Add the casino to those numbers and the potential for growth is unlimited.

Located in central Jackson County, in the Plott Balsam Mountains of Western North Carolina, United States of America.

Close to to the Cherokee Indian Reservation (the Eastern band) and the Great Smoky Mountains National Park, both of which are popular and well-known vacation spots.

2019 Gross Sales $1,850,000.
2019 Net Profit $350,000.

2020 doing well with slight drop over 2019.

Open Monday to Saturday.

Same Owner 12-Years.

Owner runs business with Manager and two Kitchen Managers.

48-parking spots.
Seating for 155.
Serves Beer and Wine.

Well Established.

Brand new renovation that included new plumbing, roof, parking lot, floors, hoods, equipment, etc.

Six Days Only.
Closed Sunday.

Freestanding 4,226/sf.
.66 Acre property.

Priced at $2,100,000 includes business and real estate.

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Property Features and Assets:

Located in central Jackson County, in the Plott Balsam Mountains of Western North Carolina, United States of America. Brand new renovation that included new plumbing, roof, parking lot, floors, hoods, equipment, etc. 48-parking spots. Seating for 155. Serves Beer and Wine. Freestanding 4,226/sf. .66 Acre property.

Market Competition and Expansion:

Ask business broker for details.

Reason for Selling:

Other business interests

Additional Details:

  • The property is owned.
  • 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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