NOT DISCLOSED, North Carolina
| Asking Price |
$175,000 |
Year Established |
1980 |
|
| Annual Revenue |
$1,078,773 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
Sherrye Coggiola |
|
| Annual Cash Flow |
$183,144 |
Listing Number |
1016593 |
|
| # of Employees |
17 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Restaurant WNC $310K benefit EST 1980 $1.3M Rev
Currently a family-owned restaurant, located in Mills River, North Carolina featuring Homemade Cooking - Steaks, Chops, Seafood, Serving Breakfast, Lunch, and Dinner. Continue current concept or make it your own. Fully Turnkey
Substantial 5,300 SF Footprint with Multi-Stream Revenue Potential
High Seating Capacity & Flexibility:
Generous floor plan effortlessly accommodates high-density dining, large family tables, and private party room conversions.
Infrastructure Built for Volume: Expansive commercial kitchen footprint offers exceptional back-of-house capacity, ideal for supporting both high-volume in-house dining and a lucrative off-site catering division.
Dual-Zone Layout Options: Ideal configuration to establish a distinct, high-efficiency takeout/pickup counter without disturbing front-of-house guest flow.
Property Features and Assets:
<p>Since 1980 this large restaurant in busy and growing area South of Asheville and near Brevard in Mills River NC has been a profitable business and is ready for a new owner. It has weathered Covid and most recently Hurricane Helene, without missing a beat.<br></p>
Market Competition and Expansion:
<p>Indian Cuisine: Zero direct competition. There are virtually no dedicated Indian dining establishments within a 10–12 mile radius in Western Henderson County or South Brevard. Local residents currently travel to South Asheville or Central Hendersonville.<br><br>Asian / East Asian / South Asian: Very limited local options in Mills River proper, despite strong demand from corporate daytime workers and affluent local neighborhoods.<br><br>Mexican / Latino: While smaller taquerias and casual spots exist in Henderson County, a full-service, family-style Mexican, Salvadoran, or Central American restaurant in this high-traffic commercial area,taps into both a established regional population and broad local consumer demand.This Restaurant offers an exceptional turn-key footprint for a family-owned or multi-generational concept <br></p><p><br></p><p>Opening on Mondays would increase revenues immediately. Nearly every month there is a Holiday on a Monday. Very few ethnic restaurants in close proximity offers the ability for a new Buyer to continue as a Greek- American, or create new demand with your concept.<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity