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Profitable Business In Western North Carolina For Sale

North Carolina, US
Asking Price:
$350,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,500,000
Cash Flow:
$100K - $250K

Turnkey, Top-Rated Restaurant & Bar – Established 20+ Years

Located in a highly sought-after historic downtown district with heavy foot traffic from tourism, concerts, and year-round events, this well-established restaurant and bar has been a local staple for over 20 years.

Consistently ranked as a top dining destination on Yelp, TripAdvisor, and other major platforms, the business benefits from a strong reputation, loyal customer base, and proven profitability.

Key Highlights:

  • 20+ years of successful operation
  • Prime location with constant event-driven traffic
  • Top-rated restaurant & bar with strong online presence
  • Fully staffed with experienced team and managers (10+ years tenure)
  • Turnkey operation – includes all equipment, inventory, and systems
  • Multiple revenue streams: dine-in, bar, catering, and events
  • Open 7 days a week
  • Well-designed kitchen layout:
  • Prep kitchen
  • Fry kitchen
  • Main grill kitchen

Ownership Opportunity:
Perfect for:
• An owner-operator looking to step in as General Manager and increase profitability
OR
• A semi-absentee owner leveraging the experienced, long-tenured staff to run day-to-day operations

Additional Details:

  • Real estate not included (leased space in a historic multi-tenant building)
  • Strong systems and processes already in place for smooth transition
  • Financials available upon execution of a Non-Disclosure Agreement (NDA) to protect business integrity

Reason for Sale:
After a successful 20+ year career in the restaurant industry, ownership is ready to retire and focus on enjoying life.

Property Information

Real Estate:

Lease

Lease Terms:

1 year left in 5 year lease. Can renew for up to 5 year terms at a time. Main location comes with approximately 2500 sq ft and can add an additional 1500 sq ft of storage space and walk in coolers located in basement. Or expand operations to second floor which is 5k sq ft. Contains multiple dining rooms, hand carved oak bar, deck overlooking downtown and another full kitchen with all the equipment.

Leasehold Rent:

2000-2600 per annum

Location:

High traffic location in historic building located on Main Street through historic downtown.

Premises Details:

Own location in historic building which is shared with other tenants. Other tenants have symbiotic relationship bringing in more foot traffic as well.

Business Operation

Expansion Potential:

Possible expansion to second floor if determined to grow business.

Competition / Market:

Other restaurants in area but all try to copy our business as we have been open for over 20 years and outlasted all other businesses in the area.

Reasons for selling:

Retiring from restaurant industry after 20 years. Want more time to travel and enjoy family without stress of managing business.

Trading hours:

Monday Thru Sunday 11 am until 9 pm

Employees:
37
Years established:
22

Other Information

Support & training:

Can offer support and training for new owners. Or let existing staff continue to run it as they have been for years.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Up to 50% financing available with 50% down payment

Furniture / Fixtures value:
$75,000 - included in the asking price
Inventory / Stock value:
$20,000 - included in the asking price
Relocatable:
This business can be relocated