The Black Bear Tavern for YOU.

Black Mountain, NC (Buncombe County)

The Black Bear Tavern for YOU.
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Asking Price: $395,000

Cash Flow: $85,000

Gross Revenue: $585,000

EBITDA: N/A

FF&E: $50,000

Inventory: $10,000

Rent: $2,800 /Month

Established: 2015

The Black Bear Tavern for YOU.

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Business Description

Nestled in a park like setting, open mountain views with private neighborhood on our back doorstep consisting of private single family homes and vacation rental properties.
gorgeous tree covered patios and split level dining rooms with fireplace. ample parking to support our strong local following.

We have operated as a successful full service breakfast, lunch and dinner restaurant, dinner served on Friday and Saturdays, with full mixed beverage license for 3 1/2 years, set back from highway 9 in black mountains village of Cheshire we have at least 500,000 cars that pass annually and offer multiple opportunities for increased revenue

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,650
Lease Expiration:
9/30/2028
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1650 square feet heated and air conditioned plus additional 1000 square feet outside dining all furniture, fixture and fitting included. brand new a/c and all kitchen equipment less than 4 years old
Competition:
only full service breakfast restaurant in town apart from single franchise store, fast growing small town with a multitude of opportunities, 1 of 6 full liquor bars in the area.
Growth & Expansion:
multiple opportunities for increased revenue. great location for onsite catering. we have serviced many weddings, birthdays and anniversaries.
Support & Training:
2-3 weeks depending on knowledge and requirement, more time can be negotiated.
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Business Listed By:
Jay C Simon

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