Downtown Restaurant, Bar and Grill

Asheville, NC
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Asking Price:$295,000
Inventory:$10,000
FF&E:$100,000
Gross Revenue:$1,800,000
Rent:$5,300/Month
Established Year:2021
BUSINESS DESCRIPTION

Great business for sale

Unusual opportunity to purchase a one of kind concept and or turn key restaurant (brand new food truck available as well) in a desirable downtown location.

EXTREMELY CONFIDENTIAL- Must sign NDA.


DETAILED INFORMATION
Location
Asheville, NC
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,300
Lease Expiration
01/08/2026
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a complete turn key operation with all equipment new or fairly new and well maintained. 2 hood systems, full kitchen for any type of cuisine, including, prep, pantry, sautee, grill and expo stations. Designer furnishings and bar with hip vibe in clean open concept space.
Competition
Unique one of a kind concept in a market in a community that supports and promotes independent restaurants. Built in advertising and strong PR framework in place at no extra cost.
Growth & Expansion
2 extra days in the week. (we are currently closed 2 days) Adding additional meal periods and expanding hours of operation would generate additional revenue. Also, there is a matching brand new food truck that has open end opportunities to increase sales.
Support & Training
Depending on buyers plans, the current owner management team will consult and train new operators for 30 days. Current team is fully trained up and would be an asset to existing brand continuation or new concept.
Reason for Selling
retirement
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Lisa Vann
Lisa Vann