Fine Dining - Historic Main Street

Asking Price$250,000

Cash Flow

EBITDA$185,000

Gross Revenue$900,000

Inventory$6,000
Included in asking price
FF&E$175,000
Included in asking price
listing imageSave

Fine Dining - Historic Main Street


Asking Price$250,000

Cash Flow

EBITDA$185,000

Gross Revenue$900,000

Inventory$6,000
Included in asking price
FF&E$175,000
Included in asking price

Seller Financing Available
Business Description
10 year old thriving fine dining restaurant in a historic building on Hendersonville's charming Main Street. The chef/owner is retiring. An incredible opportunity for a talented and energetic restaurateur to either continue the current brand and menu or create a new concept in a coveted venue. Current restaurant is open four evenings per week. Expansion to 6 or 7 evenings and/or lunch would double or triple volume. A loyal staff is available to the new operator.
About the Business
Years in Operation
10
Employees
16 Part-time
Restaurant currently open 20 hours per week.
Facilities & Assets
Historic 1913 Main Street building beautifully renovated. Indoor seating for 90, outdoor seating for 16, bar seats 10. Architect landlord who did the original renovation and responsive to ongoing needs.
25' range hood, dishwasher hood, walk-in cooler, walk-in freezer, and exhaustive list of kitchen equipment.
Dining areas beautifully appointed with original decor and baby grand piano.
Website
Show Website URL
Market Outlook / Competition
Downtown Hendersonville is a thriving pedestrian and restaurant scene. This restaurant is revered as thee fine dining establishment.
Opportunities for Growth
Current restaurant is only open four evenings a week, 11 months a year. Expansion to double or triple current volume is easy to imagine.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,600
Rent
$7,200 per month
Lease Expiration
12/31/2031
About the Sale
Seller Motivation
Retiring chef
Transition Support
Up to a month of training if the current brand and menu are kept.
Financing Options
Can finance 50% of sales price
Listing Info
ID
2549104
Listing Views
3
Business Location

Listing ID: 2549104 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.


Similar Listings
Turn Key Restaurant Opportunity
$200,000Turn Key Restaurant OpportunityHenderson County, NC
Church's Texas Chicken
$250,000Church's Texas ChickenFeatured Franchise