Hot Listing

Legendary Downtown Asheville Location

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Hot Listing

Legendary Downtown Asheville Location


Asking Price: $99,000


Seller Financing Available
Asset Sale Description
20 years of successful growth in the Asheville market brought this charming center-city location to $2MM a year in sales. Now it is time for the owner to retire and hand the keys to the next culinary imagineer.

With a very reasonable rent and flexible upstairs, downstairs and outdoor seating, plus two bars, this gem will remind you of an afternoon in the French Quarter of N’awlins.

The current owner wishes to retain rights to the menu concept, so this listing is positioned as a key-money asset sale. Fully-equipped, and in immaculate condition, this restaurant space is 100% turnkey and just waiting for the next great Chef to bring her menu to this proven location.

At an historic revenue pace of two million dollars per year and a very reasonable $4500 per month rent, this location is poised to generate a substantial bottom line for the owner.

The kitchen is modest, requiring only three culinary team members, but is so efficiently organized, it can handle three turns a night.

While Asheville has seen a rough year in 2024, focused efforts by the City are bringing tourism back and this restaurant opportunity is posed and ready for the next chapter in its successful history. Call us now for a confidential presentation.
Detailed Information
Years in Operation
20
Facilities & Assets
Full kitchen with hood, dishwasher and all kitchen equipment necessary to execute almost any menu concept. 2 full bars. Upstairs seating with dedicated bar. Open-air second floor patio seating. Cafe style downstairs seating with separate bar. Street-level outdoor seating area with 3 4-tops
About the Sale
Transition Support
2 weeks of seller support for new owner
Seller Motivation
Retirement
Financing
Some seller financing available for qualified buyer
Listing Info
ID
2358871
Listing Views
1743

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Business Listed by: George Buell National Restaurant Properties

Listing ID: 2358871 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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