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Accommodation & Food Services

Charming Restaurant – Turnkey and Extremely Profitable!

Asheville, NC, USA
Updated 1 day ago

We are proud to present a cherished and popular culinary gem nestled in North Asheville, standing resilient and fully operational despite Hurricane Helene that impacted surrounding areas. For the past 12 years, this restaurant has been a beloved fixture in the thriving community, where locals and visitors alike gather to savor local ingredients and fresh-forward dishes. With a solid, established, and tenured front and back of house team in place, this restaurant is a perfect opportunity for a variety of buyers—whether you have hospitality experience and seek a new challenge, are an entrepreneur looking for a semi-absentee opportunity, or a restaurant group wanting to add a turnkey, profitable business to your portfolio. As Asheville and the surrounding areas experience rapid growth and excitement, there’s no better time to join this community. With an established brand and reputation, you’ll be making money from day one. Despite the recent storm, this restaurant and community have shown incredible resilience and continue to thrive. With over $300,000 in owner benefit, continued year-over-year growth, below market rent, a fine-tuned business model, approachable menu, experienced team in place, and an owner dedicated to a smooth transition, this is truly a rare opportunity.

Inventory

$25,000

Internal Id

8082054

Growth & Expansion

North Asheville has seen immense growth since the owners started the restaurant more than a decade ago. With the new AdventHealth breaking ground and hundreds of new homes being built the area is booming!

Inventory Included

No

Support & Training

2 weeks.

Facilities & Assets

This prime location is centrally located in a premier, highly-trafficked area. With a seating capacity of 70 guests this charming restaurant is the perfect spot for a date night or celebration dinner! The lease rate is exceptionally favorable, offering an unbeatable value compared to other properties in such a prime, highly sought-after location.

Market & Competition

There is no other restaurant of its kind in close proximity, allowing for a loyal and consistent regular base of business.

Reason for Selling

Retirement.

Financials

Asking Price
$375K
RevenueMost Recent Year
$1.0M
Earnings (SDE)Last Reported
$305K
Assets ValueIncluded in Asking Price
$150K
Seller Financing
Not available

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