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Apple Valley Market & Back Door Restaurant

Lake Lure, North Carolina (Rutherford County)

Retail - Gasoline Service Stations | Retail - Restaurants

Asking Price $1,599,000 Inventory  
Gross Income Not Disclosed Real Estate $1,200,000* 
Cash Flow Not Disclosed Year Established 10
FF&E $80,000* Employees 6

* included in the asking price

** not included in the asking price

Exceptional opportunity to purchase land, building and thriving business with rental income from tenant valley market is a modern grocery market/convenience store with gas pumps owner will lease back the restaurant and lounge, which has a seating capacity of 105, & a full liquor license all located within a thriving western north carolina mountain paradise, just a short distance to rumbling bald resort, three golf courses, and of course beautiful lake lure beautiful lake lure itself very little competition in this upscale area that contains both permanent & seasonal residents, along with high tourist activity many new developments already in various stages of construction, as more and more people discover this popular spot short driving distance to charlotte, asheville, spartanburg, greenville, & chimney rock current owner will lease back the restaurant and lounge for $ 2,500 per month for 5 years income/expense info available with confidentiality agreement call for income & expense info gas and food market are open seven days per week, 7am-9pm, and until 10pm during the summer and fall seasons four pump stations, with a modern split steel & fiberglass double walled 15,000 gallon capacity underground tank the store occupies the 3,000 square foot main level of the masonry & frame structure that sits on about 1.77 acres huge selection of grocery items, beer/wine, souvenirs and nc lottery tickets the restaurant and lounge occupy the downstairs 3,000 sq ft, plus outside patio owner will lease back for 5 years with options, or will include in sale for $ 200,000, should buyer wish to operate the backdoor offers italian-american atmosphere, with carryout and limited delivery as well, and has a state of the art fully equipped kitchen modern lounge with plasma tv s and live music on the weekends make the bedrock lounge the place to be!

Facilities: 1,77 acres in a resort community with a gas & convenience business, along with a 105 seat restaurant/lounge with liquor license downstairs

Competition: Unique location in the Rumbling Bald Resort area of desirable Lake Lure - minimal competition

Growth/Expansion: Re-branding of station

Support/Training: Negotiable

Reason Selling: retiring

Business For Sale By

Pat Calhoon

727-542-0998

Calhoon Real Estate

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