Great Location with heavy downtown foot traffic

Hendersonville, NC (Henderson County)

Great Outdoor Dining

Asking Price:$124,000

Cash Flow:$45,000

Gross Revenue:$335,000

EBITDA:N/A

FF&E:$95,000

Inventory:$2,000*

Established:2008

*not included in asking price.

Great Location with heavy downtown foot traffic

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Business Description

A growing Western North Carolina main street location which has both a local and tourist appeal. Continue with the existing concept or convert to your own. The lease is below market value and you must see the space to appreciate the potential. If you want to move to the mountains and enjoy the quality of life while running your own restaurant this is for you.

Detailed Information

Inventory:
Not included in asking price
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Location, Location, Location A great downtown location with heavy foot traffic and a lot of charm makes the restaurant popular with tourist and locals alike. A cozy comfortable dining room and nice bar has seating for ninety-eight with an additional outdoor seating area for 30 makes the turnkey restaurant the perfect size. The full-service kitchen is set up to handle the high volume with ease. A large separate room currently used for meeting space can be converted to a private apartment or has additional growth potential. Opportunities are many. The central business district is thriving with other merchants, offices and restaurants. WNC is a growing destination for tourism, retirees and relocated workforce. This property is ready for an owner operator to make it their own. Priced at $124,000. Very attractive rent and terms are negotiable.
Competition:
Located in a growing market this restaurant has a solid breakfast/lunch business from the locals and is located on a prime tourist walking traffic main street.
Growth & Expansion:
You can expand the hours of operation, increase the bar business by reconfiguering the current layout. The space has a great ambiance but can also be changed with basic cosmetic up fit
Financing:
None
Support & Training:
One week on call as needed.
Reason for Selling:
Retirement

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Tom Good

Business Listed By:
Tom Good

National Restaurant Properties

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Sponsoring Broker:
Jeff Eatherly

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