Solid growth in Sales from 2019 with fewer shifts

Not Disclosed, NC
Buncombe County

Beautiful Mountain Location

Asking Price: Annual Revenue:
$279,000 $742,000

Food & Beverage: Coffee, Cafe, Dessert

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RE: Solid growth in Sales from 2019 with fewer shifts Broker: Seller of Business

Quick Facts

Asking Price: $279,000
Annual Revenue: $742,000
Net Profit: $30,000
Cash Flow: $93,500
Total Debt: Not Disclosed
FF&E: $225,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 30
BBN Listing #: 491145793
Broker Reference #: avl270

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Business Overview:

Located in a high traffic location next to a popular State Recreational Forest entrance this Western North Carolina turnkey restaurant is ready for the owner operator to take over. This business did $69,163.00 is sales this September beating the same period in 2019 with one less diner shift!!! The third quarter in 2021 is up $5,300.00 vs 2019 with fewer shifts. The building has been completely remodeled from the foundation up. The restaurant is showing a strong cash flow and current hours of operation can easily be expanded to increase revenue and exposure to this quality restaurant.  The forty-two-seat restaurant has additional beautiful outdoor seating. The location is experiencing spectacular growth. This area of the mountains popular with hiking, mountain biking, and golf enthusiast. This local favorite is currently a breakfast lunch operation but in the past the owners have opened up for dinner primarily on weekends during peak tourist season with limited menu offerings. The area surrounding the restaurant has been transforming from summer homes to full time residences providing more full-time business and less of a off season.  Current owners serve in an administrative position, with management in place for daily operations. The location is perfect for the operators that have been looking for a business opportunity that will allow them to live and work in the beautiful North Carolina mountains.

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Property Features and Assets:

Free standing building with plenty of on site parking. Located on a high traffic state highway close to entrance of popular state park.

Market Competition and Expansion:

Little competition in the area with a healthy menu makes this restaurant popular with outdoor enthusiast. New owners with a hands on attitude can increase profits easily by expanding several shifts that current owners choose not to.

Reason for Selling:

Other business.

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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