Iconic Restaurant with excellent growth opportunity

Asheville, NC (Buncombe County)

Iconic Restaurant with excellent growth opportunity
Contact Seller

Asking Price: $1,299,000

Cash Flow: N/A

Gross Revenue: $1,700,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $0.00

Established: N/A

Iconic Restaurant with excellent growth opportunity

Save Print Share Valuation Report

Business Description

One of a kind highly profitable location

Multi-dimensional operation, core proven brand, unique physical layout provides opportunity for increased revenue streams to continue growth. The 5330 (-+) sf layout has plenty of prep & dry storage, featuring unique ambiance not found in any other location in the market place. A new lease to be obtained during the due diligence period will support long-term ROI. Currently showing over $1.7M in annual gross revenues, the restaurant has a strong track record of sales increases and steady cash flow. Seller offers, if desired, a long-term/short-term management agreement to insure a smooth and successful transition.

Detailed Information

Location:
Asheville, NC
Real Estate:
Leased
Building SF:
5,330
Lease Expiration:
N/A
Facilities:
Great location with high local and tourist traffic
Competition:
Well-established restaurant in popular area with no direct-fare competition
Support & Training:
Seller offers, if desired, a long-term/short-term management agreement to insure a smooth and successful transition.
Reason for Selling:
Owner is cutting back
Contact Seller

Contact the Seller

Contact Seller Loading

Jeff Eatherly

Business Listed By:
Jeff Eatherly

National Restaurant Properties

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1560844 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Mrs. Fields Cookies

Franchise Opportunity
Capital Required: $350,000