NEWS & RECENT TRANSACTIONS

A Rare Opportunity in the Heart of Asheville

Asheville

Listing ID: AVL0210
Asking Price: $1,495,000
Sq. Ft.: 3500
Total Revenue: $2,700,000
Cash Flow: 554000
Rent: $7,500
Available Financing:

Step into ownership of a long-standing downtown Asheville favorite with a proven 20-year track record and the financials serious operators look for.

This highly profitable restaurant generates $2.7M in annual sales and is built on an efficient labor model with just 32% labor cost, delivering strong margins in one of the Southeast’s most sought-after food scenes.

This opportunity offers prime downtown location at the center of Asheville’s dining and nightlife corridor, with 3,500 SF of space and exceptionally low rent at $7,500/month

Turnkey, full-scale production kitchen with two 8-foot hoods and 8×10 walk-in cooler

Secondary prep kitchen, fully-equipped with 8-foot hood, sinks, tables and 4×8 walk-in

Attractive dining layout with 50 traditional seats (mix of 2-tops and 4-tops) and seating for 12 at high-top bar tables

Stunning bar with 20 seats, beautifully finished and guest-ready

Investment opportunity Ideal for: Experienced restaurateurs seeking a cash-flowing flagship location, Multi-unit operators expanding into Asheville, Owner-operators looking for a proven concept with upside and/or Investors interested in a business + potential real estate play

This business is built for growth: Currently open six evenings only (5–9 PM), this operation offers a clear and immediate upside. Adding lunch and/or brunch service presents a compelling opportunity to significantly increase revenue without expanding footprint or overhead.

Opportunities like this—profitable, established, and centrally located—rarely come to market in downtown Asheville.

Real estate purchase option available (terms negotiated separately)


    To request more information about this listing, please contact:
    George Buell


    George@GreenvilleRestaurantStore.com