Business For Sale

MOTIVATED SELLER! Turnkey Family Casual Restaurant

Not Disclosed, NC
Buncombe County

Asking Price: Annual Revenue:
$149,000 $740,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: MOTIVATED SELLER! Turnkey Family Casual Restaurant Broker: Jeff Eatherly

Quick Facts

Asking Price: $149,000
Annual Revenue: $740,000
Net Profit: Not Disclosed
Cash Flow: $93,417
Total Debt: Not Disclosed
FF&E: $206,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 25
BBN Listing #: 929445793
Broker Reference #: avl187

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Business Overview:

Price reduction on a beautifully remodeled, turnkey, one hundred forty five seat restaurant in high traffic location. A great opportunity for the owner operator who is ready to run a profitable business that targets family casual lunch and dinner patrons. You can remain part of a growing regional franchise, or convert to your concept.
The recent remodel was professionally done with a solid equipment package and everything you need to convert to any concept. Beautiful decor, plenty of parking, and outdoor seating along with a private dining room has this restaurant showing steady growth.
They will have the experienced operator transitioning into a steady business owner in no time.
Asheville has a limited supply of restaurant spaces like this one; you really must see to appreciate. The immediate local market is growing and so is Asheville's tourism, for the qualified operator this is a great opportunity. Non-disclosure and net worth statement necessary on this confidential listing.

Purchase price $195,000.00

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Property Features and Assets:

Remodeled brick restaurant with all of the standard equipment layout, walk in, and stations. The majority of the equipment is less than three years old and has been well maintained. The resurfaced parking lot has ninety spaces on a high traffic state highway with close by interstate exit. Current lease expires in 2018 with and additional five year option.

Market Competition and Expansion:

The restaurant is located in a growing area of Asheville. The family/casual style is continuing to grow with both lunch and dinner sales. This style of food and price point limits the competition in the market place.

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 a franchise resale opportunity.

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