THE Business for Sale Marketplace

Historic 23 room hotel and restaurant, well-known in the mountains of Western North Carolina featuring traditional, family-style dining. Additionally, this 4+ acre property includes owners residence, 2 apartments, gift shop and 330 seat restaurant on the best corner of town with easy access to interstate and highway traffic. The restaurant easily accomodates civic groups and meetings as well as individual diners. Times have dictated that improvements such as a fine dining / club area may be added with great results! Licenses include beer & wine and "brown bagging." Overall ambiance is provided by charming architecture and supported by antique furnishings and extensive doll-collection. (Think of rocking chairs on the porch, incredible comfort food - fried chicken, ham, country biscuits, chicken 'n dumplings, topped off with great desserts, and cool, quiet, restful evenings. A great location, suitable for families, groups, or those seeking a romantic get-away!) Current seasonal operations could be expanded to year-round to provide service to locals, tourists and support visitor to high-volume, nearby Indian-operated casino. Financing for a qualified buyer can be negotiated with bank and owner participating. 2005 appraisal is available; bank will require new appraisal. 2006 revenues exceeding $1.0 million are more typical of historical operations. A proforma for a new "bistro" indicates a very positive impact on cash flow.