Absentee Owner Themed Full Service Restaurant Pub

Not Disclosed, NC
Buncombe County


Asking Price: Annual Revenue:
$225,000 $547,964

Food & Beverage: Bars, Clubs, Nightspots


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RE: Absentee Owner Themed Full Service Restaurant Pub Broker: Joe Santora
License #: 296924
Owner Financing is Available!
175000.00

Quick Facts

Asking Price: $225,000
Annual Revenue: $547,964
Net Profit: Not Disclosed
Cash Flow: $78,299
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 653351612
Broker Reference #: 76761-820301

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Business Overview:

100% absentee owner

Themed Full Service Restaurant Pub in Asheville, NC

$150,000 in recent leasehold improvements

$150,000 in new FFE

$7,500 in inventory (DOES NOT include alcohol, which will be paid post close)

SDE $78,299.34

Price reduced from $295,000

Seller will accept a cash offer of $225,000 or a seller financed offer of $250,000 with $75,000 down and
$175,000 over 120 months at 7.5% interest with a monthly payment of $2,077.28 principal and interest.

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Property Features and Assets:

No direct competitors for this theme.

Market Competition and Expansion:

Growth potential through social media, advertising, catering, rewards program, and corporate events.

Reason for Selling:

Other business interests.

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.

Relevant Links:

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