Outstanding North Carolina Mountain BBQ Restaurant with Real Estate

Ashe County, NC

Seller Financing Available

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Sale Pending
Asking Price:$875,000
Gross Revenue:$1,300,000
EBITDA:$100,000
Real Estate:$550,000
Cash Flow:$200,000
Inventory:$10,000
FF&E:$150,000
Established Year:1990
BUSINESS DESCRIPTION

Turnkey restaurant located in the beautiful Blue Ridge mountains of western North Carolina. Since its launch in 1990 this BBQ restaurant has earned an excellent reputation for its own unique delicious style of barbecue, offering smoked-meat platters, country ham, and sandwiches. The business offers two income streams, an excellent food service and a well-established catering service. Customers can order from the drive-through, sit on the screen porch, enjoy an interior table, or be part of a catered event in a private room. The restaurant cooks the whole hog long and slow, for over 20 hours, at low temperatures to insure that the meat is tender and delicious, and then hand pulls it to separate it from the fat and grease. Finally the meat is seasoned to bring out the full robust flavor of the roasted pork. The restaurant attracts customers from throughout the southeast and is known for its excellent customer service and friendly staff. The sale includes both the business and the real estate for a complete package.


ATTACHED DOCUMENTS
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DETAILED INFORMATION
Location
Ashe County, NC
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
3,188
Employees
30
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Turnkey operation with 3188 square foot building located on 1.4 acre lot on major highway with direct access. Building includes drive-through capability, screen porch, interior seating, and private room for catered events. Ample parking for customers and back lot for hosting special events.
Competition
Located in high demand tourist/summer vacation home area. Highly rated google reviews. Restaurant serves customers from throughout the southeast
Growth & Expansion
Update the menu and drive thru capability. Open restaurant seven days/week during season, adding Sundays. Add ability to serve beer and wine. Add music during season using the back lot.
Financing
Max of 10% of business purchase price of $325,000
Support & Training
Seller will assist with transition for 30 days.
Reason for Selling
Retirement
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Thomas
Arndt
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Thomas Arndt