Asheville

Listing ID: AVL0205
Asking Price: $249,500
Sq. Ft.: 7200
Total Revenue: $940
Cash Flow:
Rent: $5,295
Available Financing:

This Iconic WNC tradition has been operated by three generations of the same family for 50 years. Current ownership is ready to retire and hand over the reins to an operator poised to reignite the business for the next half century.

 

This location can’t be beat; smack in the heart of one of the busiest sections of the popular parks, waterfalls and biking areas of the NC mountains. With a robust lunch that drives daytime sales, along with a thriving evening dinner menu, there is also opportunity to expand into additional outdoor seating abutting a natural brook behind the building.

 

This bright 150-seat open floorplan dining room and bar is currently serving both multi-generation regulars and tourists alike and is poised to grow like crazy as the area continues to lure inbound relocation from outside NC.

 

The current owners are four family members, all of whom have put their blood sweat and soul into this business since their grandfather founded the place a half century ago. The next operators (perfect for a couple and/or family) can push this business to the next level, taking advantage of digital marketing platforms and new technologies. With current sales just under one million, there is no reason to think this can’t get to $1.5MM in a hurry.

 

You’ll want to be a part of what’s happening in Western NC!

Contact National Restaurant Properties to schedule a confidential review of this and other F&B business opportunities in the Asheville region and Upstate SC.


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


George@GreenvilleRestaurantStore.com