Restaurant for Sale in WNC Earning over $300,000

Bethlehem, NC
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Asking Price:$899,000
Gross Revenue:$1,931,592
Established Year:2001
Cash Flow:$305,613
Rent:$20,833/Month
BUSINESS DESCRIPTION

Restaurant for Sale in WNC Earning over $300,000

Seize the opportunity to own this highly profitable Restaurant for Sale nestled in the scenic Blue Ridge Mountains, offering a fantastic path to financial success. With SBA lending options available, this well-established business is a prime investment for anyone seeking to maximize their earnings. The business is currently generating owner earnings of $305,000!
In 2023, this Restaurant for Sale reported impressive sales of $1.9 million, with projections to match or exceed that in 2024. Its prime location, conveniently between Charlotte and Asheville, in an area that has seen impressive growith ensuring a steady flow of customers, making it an ideal spot for continued success and growth.
Securing financing for this profitable venture is easy with the assistance of We Sell Restaurants, who can help streamline the approval process. Don't miss out on this incredible opportunity - contact us today to begin your journey to ownership!
With over two decades of service, this classic American Restaurant for Sale has earned a reputation as a staple in the community, drawing in loyal patrons year after year. This long-term success offers a solid foundation for continued growth and profitability.
The spacious 8,100-square-foot restaurant accommodates 242 indoor seats and 24 outdoor seats, with ample parking and visibility from a busy corner location. Step into a fully-equipped kitchen with everything you need to start serving customers immediately, including coolers, freezers, fryers, grills, steamers, refrigerated meat drawers, shelving, and sandwich coolers.
Don't miss this chance to own a highly profitable restaurant in the heart of Western North Carolina, earning the current owner over $300,000 annually! Nestled in a thriving area known for its vibrant dining scene and strong community support, this established Restaurant for Sale offers an excellent foundation for continued success. Perfect for an experienced operator or an aspiring entrepreneur ready to step into a proven concept.
The experienced team is already in place, including two fully-trained managers, with many employees having been with the restaurant for over 10 years. The current owner of this Restaurant for Sale is also willing to provide training to ensure a smooth transition.
Get in touch with us today to learn how you can take over this thriving restaurant business!
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DETAILED INFORMATION
Location
Bethlehem, NC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
8,100
Lease Expiration
01/01/2029
Employees
22
Facilities
SALAD ROOM 2 DR COOLER 1 DR FREEZER WALK IN COOLER THREE COMP SINK WIRE COATED SHELVES COOLING UNIT FOR ROOM TWO SS TABLES KITCHEN TWO DR FREEZER TWO DR GLASS COOLER ACUTEMP STEAMER ACUTEMP STEAMER 48Inch FLAT GRILL 36Inch FLAT FRILL 80lb GAS FRYER 60lb GAS FRYER 60lb GAS FRYER REFRIGERATED MEAT DRAWERS OVER SHELVES 3 DOOR LANG OVEN GROEN KETTLE HOT WATER MACHINE ELECTRIC CAN OPENER ONE COMP SINK SANDWICH COOLER UNIT 16 FOOT HOOD SYSTEM TWO 4 Ft HOOD SYSTEM FIRE SUPPRESSION SYSTEM TWO HOLDING CABINETS HOLDING LAMPS FOR PREP 4 SS TABLES ECOLAB DISH MACHINE is Leased SINGLE POT SINK TWO COMP SINK RACKS FOR DISHES CAN RACK SINGLE POT SINK CAN RACK RACKS FOR DRY ITEMS WALK IN FREEZER 2 DR RI FREEZER ICE MACHINE 1100 LB ICE MACHINE 700 LB TWO SS TABLES MEAT PREP ROOM 12InchMEAT SLICER OUNCE SCALES HOBART GRINDER PATTY MAKER ATTACHMENTS SINGLE POT SINK THREE SS TABLES WALK IN COOLER PREP COOL UNIT FOR ROOM POTATO RACK DUNNAGE RACKS 3 RINNAI HOT WATER TANKS OFFICE DESK & CHAIR COMPUTER ALARM SYSTEM FILING CABINETS SEVEN HVAC UNITS 45 TONS SMALLWARES ENOUGH TO SERVE 400 1000 SILVERWARE SETS OVER 200 BUFFET PANS ASSORTED SIZES 500 BUFFET PLATES 400 SALAD PLATES 125 KITCHEN PLATES 200 FRUIT DISHES 100 SOUP BOWLS TONGS-SPOONS ETC
Competition
FAMILY ORIENTED-- VALUE AND QUALITY
Growth & Expansion
CORNER PROPERTY-- HIGH TRAFFIC -RESIDENTAIL AND BUSINESS ---PROPERTY IS VERY UP TO DATE-- NEW PRIME SIGN AND LANDSCAPE
Support & Training
TWO MANAGERS TO STAY-- OWNER CAN BE FLEXIBLE AS TO NEED
Reason for Selling
Retirement
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Eric
Gagnon
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Eric Gagnon