Turnkey Bar for sale, $560K Sales, Asheville Tourist Route, Low Rent

ASHEVILLE, North Carolina

Asking Price	$145,000	Year Established	2024
Annual Revenue	$568,865	Reason for Selling	Retirement
Annual P/L	$0	Attention	Emily Benedict
Annual Cash Flow	$32,917	Listing Number	1012780
# of Employees	10	Business Category	Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

This turnkey Bar for sale delivers a high-volume opportunity in a booming, high-income trade area with a proven track record of $560,000+ in sales. Occupying its own freestanding building with ample parking, the venue features flexible indoor/outdoor seating for 100 patrons, making it a prime destination for lucrative corporate events, group parties, and catering.
The Bar for sale delivers a vibrant, welcoming atmosphere complete with high-top seating, low-profile arrangements, booths, and an inviting outdoor patio, featuring a distinct, separate bar area that is heavily attended due to successful weekly promos. The fully equipped kitchen at this restaurant for sale is a true plug-and-play setup, complete with a vent hood, grease trap, two fryers, a six-burner stove, a convection oven, a flat-top, a grill, a Salamander, a microwave, a reach-in freezer, an under-counter cooler, a keg cooler, a POS system, and a comprehensive security system.
Offered by We Sell Restaurants, operations at this restaurant for sale are supported by 10 seasoned staff members ready to assist in a smooth ownership transition. The 2,645 sq. ft. establishment features a remarkably low base rent of $4,474 with over two years remaining on the lease and negotiable renewal options. Your Certified Restaurant Broker® can assist qualified candidates with the lease assignment, including negotiating possible additional term options.
Guests enjoy an elevated New American comfort food menu through full-service dine-in, delivery, or pick-up options. The culinary selection ranges from creative small plates like trout dip to hearty entrées, including double-smash burgers, steak, and vegan choices. The full-service bar provides handcrafted cocktails and regional brews, while late-night service establishes this premier destination as a favorite for after-hours dining.
Strategically positioned on a high-volume transit corridor boasting an impressive 26,000+ daily vehicle traffic count, this property sits directly on the primary tourism artery connecting Historic Biltmore Village, the Blue Ridge Parkway entrance, and the bustling South Asheville resort market. This restaurant for sale taps into a robust regional population of over 420,000 residents boasting an average household income exceeding $120,000+. Driven by major healthcare systems, manufacturing hubs, and 14 million annual tourists, this high-traffic market fuels consistent, year-round demand that greatly minimizes seasonal slump risks.
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Property Features and Assets:

Hood
In Ground Grease Trap

Fryer 1
Fryer 2
6 burner Stove
Flat Top
Grill
Convection Oven
3 Compartment Sink
Salamander
Microwave
Steamer
Blender
Rice Cooker

Reach In Freezer
Under Counter Cooler
Keg Cooler
Ice Machine
Sandwich Prep Coolers
Freezer Chest

Miscellaneous shelving
Prep Tables
Sheet Pan Racks
Scale
Meat Slicer
Small wares such as pots and pans
Flat wares
Bar wares
Glass wares
Serving wares

Trash Receptacles
Utility Carts

15 Tables
60 Chairs
Bar stools confirm count
High Chairs confirm count
Booster Seats confirm count

Sound System
POS System
Security System with Cameras
Store D?cor
Flat Screen TVs
Neon Signs


Dishwasher confirm ownership or lease

Market Competition and Expansion:

The business benefits from a high-income regional population and a massive funnel of 14 million annual tourists, creating insulation against seasonal slumps. The booming, affluent trade area attracts aggressive national and local concepts, requiring a new operator to stay highly competitive with marketing and menu innovation.

Additional Details: