Asheville Area Restaurant For Sale

Business description

Very nice 70 seat Restaurant in the north Asheville area. There is plenty of parking. Nice Kitchen. This Established Restaurant which could be anything...breakfast and lunch, or lunch & diner as it is now. The Restaurant is on the major roadway through the area and the current owner has been growing the business for four years. The seller is 72 & wants to retire. The Chef & employees want to keep their jobs and are making a decent living at this business because it is a popular place for the locals as well as draws people from a distance because of the great dinner menu. Asheville is a destination town with many customers coming from all over the country. The seller may carry a small note to a qualified buyer who has experience running and managing a restaurant. This is a free standing building, old fashion design 1929 lodge type building. The landlord is great & helps repair almost anything. There is 20 cabins & rentals behind the property which brings extra business. Also, 16000 cars a day at 40 miles an hour. Owner is also a Chef but because of health reasons, does not work the kitchen.

Property information

Real Estate:

Lease

Lease terms:

assumable lease

Leasehold rent:

$2,250 per annum

Other information

Financing available:

Possible note held by seller

Furniture / Fixtures value:

$35,000 (included in the asking price)

Inventory / Stock value:

$1,000 (included in the asking price)