Restaurant and Speakeasy Combo, Prime Location
Business Description
Turnkey Restaurant, Patio, Covered Walk-UP Bar and Speakeasy Combo - Prime Black Mountain Location
This exceptional farm-to-table restaurant and authentic 1920s speakeasy presents a rare opportunity in Black Mountain's historic downtown district. Established in 2020, speakeasy added in May 2025, this unique dual-concept venue combines fine dining with craft cocktail culture in a stunning 4,828 square foot space.
Property Features:
• Spectacular outdoor patio with whimsical garden, fire tables, and mountain views
• Authentic 1920s art deco speakeasy lounge with period antiques
• Quaint European-style/Art Nouveau dining room with gas fireplace and lounge
• Patio walk-up bar for additional revenue, with grab and go cooler
• Prime historic district location with high foot traffic
• Recently renovated: new roof, kitchen resin flooring, hood system, water heater, electrical updates and more.
• Extra large kitchen, large walk in cooler and large dry storage/ office.
Business Model:
• Farm-to-table concept specializing in vegan, gluten-free, and allergy-friendly cuisine, offering dishes from all over the world with Appalachian influence.
• Recently expanded menu includes popular carnivore, pasta and tapa type items.
• Craft cocktail program featuring classic 1920s recipes for speakeasy, and hand crafted cocktails and syrups for the restaurant.
• Unique market position among 20+ local restaurants - no competition for this patio/cuisine combination
• Currently operating bar service only during sale process
Proven Growth Opportunities:
• Successful lunch program trials showed strong demand
• Sunday brunch buffet tested with excellent results
• Expand from 4 to 5-6 dinner service days
• Popular themed events like Tiki Tuesdays with Tiki Menu previously drew capacity crowds
• Family-friendly menu additions for underserved market segment
Financial Structure:
• Asking Price: $349,000
• FF&E Value: $150,000
• Lease: $2,200/month through February 2027
• Seller Financing: $200,000 down, 5-year term at 6% interest (for special and well qualified buyers)
• $10,000 financing fee
• $200k for empty shell and lease
• Seller covers attorney costs if closed within 30 days
Comprehensive Transition Support:
• Complete turnkey operation ready for immediate opening
• 2 weeks intensive training plus 3 months consultation
• Social media (3,000+ followers, 40,000+ monthly views)
• Full operational package: recipes, manuals, vendor relationships, POS training
• Help to transfer and or apply for all new licenses and utilities needed
Timing Advantage:
• Ready for profitable leaf season if sale closed quickly
• All hurricane damage (from roof leaks, no flooding) professionally repaired with upgrades
• Established brand recognition and customer loyalty
Selling due to family emergency requiring immediate relocation. This turnkey opportunity offers immediate entry into Black Mountain's thriving hospitality market with proven concepts and significant expansion potential.
This exceptional farm-to-table restaurant and authentic 1920s speakeasy presents a rare opportunity in Black Mountain's historic downtown district. Established in 2020, speakeasy added in May 2025, this unique dual-concept venue combines fine dining with craft cocktail culture in a stunning 4,828 square foot space.
Property Features:
• Spectacular outdoor patio with whimsical garden, fire tables, and mountain views
• Authentic 1920s art deco speakeasy lounge with period antiques
• Quaint European-style/Art Nouveau dining room with gas fireplace and lounge
• Patio walk-up bar for additional revenue, with grab and go cooler
• Prime historic district location with high foot traffic
• Recently renovated: new roof, kitchen resin flooring, hood system, water heater, electrical updates and more.
• Extra large kitchen, large walk in cooler and large dry storage/ office.
Business Model:
• Farm-to-table concept specializing in vegan, gluten-free, and allergy-friendly cuisine, offering dishes from all over the world with Appalachian influence.
• Recently expanded menu includes popular carnivore, pasta and tapa type items.
• Craft cocktail program featuring classic 1920s recipes for speakeasy, and hand crafted cocktails and syrups for the restaurant.
• Unique market position among 20+ local restaurants - no competition for this patio/cuisine combination
• Currently operating bar service only during sale process
Proven Growth Opportunities:
• Successful lunch program trials showed strong demand
• Sunday brunch buffet tested with excellent results
• Expand from 4 to 5-6 dinner service days
• Popular themed events like Tiki Tuesdays with Tiki Menu previously drew capacity crowds
• Family-friendly menu additions for underserved market segment
Financial Structure:
• Asking Price: $349,000
• FF&E Value: $150,000
• Lease: $2,200/month through February 2027
• Seller Financing: $200,000 down, 5-year term at 6% interest (for special and well qualified buyers)
• $10,000 financing fee
• $200k for empty shell and lease
• Seller covers attorney costs if closed within 30 days
Comprehensive Transition Support:
• Complete turnkey operation ready for immediate opening
• 2 weeks intensive training plus 3 months consultation
• Social media (3,000+ followers, 40,000+ monthly views)
• Full operational package: recipes, manuals, vendor relationships, POS training
• Help to transfer and or apply for all new licenses and utilities needed
Timing Advantage:
• Ready for profitable leaf season if sale closed quickly
• All hurricane damage (from roof leaks, no flooding) professionally repaired with upgrades
• Established brand recognition and customer loyalty
Selling due to family emergency requiring immediate relocation. This turnkey opportunity offers immediate entry into Black Mountain's thriving hospitality market with proven concepts and significant expansion potential.
About the Business
- Years in Operation
- 5
- Facilities & Assets
- Large outdoor patio (50 seats), Covered Patio with walk up bar (16 seats), Dining Room with gas fireplace and lounge (30 seats), Separate Speakeasy (20 seats), Utility hall & mop sink, large walk in cooler, ice machine, 2 single door freezers, 2 door freezer, 5 prep tables, prep sink/3 compartment sink, 3 handwashing sinks, 2 bar 3 compartment sinks, 3 door reach in tall fridge, 2 prep station flip top line coolers with fridges underneath, 2 gas ranges one with oven, Blodget convection oven, flip top sandwich station & more
- Website
- https://www.goldfinchblackmountain.com/
- Market Outlook / Competition
- Currently farm to table with vegan and gluten free items as focus. Dinner and Desserts 4 days a week, lunch and separate Speakeasy. Offering local and sustainable animal proteins as well, recent update to menu offering more carnivore and pasta dishes has done very well. There are approximately 20 restaurants in town no one has the patio or type of food that we do. The speakeasy is a 1920s art deco speakeasy offering classic cocktails from the 20s and serves as space to wait for tables, but a luxury lounge for drinks all times of the day, open 7 days.
- Opportunities for Growth
- Lunch was trialed, huge market for brunch/lunch Tuesday-Sunday. Great Numbers for trial. Sunday Brunch Buffet was trialed and did well. Potential for the best brunch in town on Sundays. Opening 5-6 days a week (vs 4 now) for dinner & Lunch would substantially increase sales. Used to do TIKI Tuesday, were packed every Tuesday. Black Mountain is missing a family type space, adding a few family type foods to offerings could also make a huge growth. Closed from Helene From Sept 24-May 25 just gearing back now.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,828
- Rent
- $2,200.00 per month
- Lease Expiration
- 2/24/2027
About the Sale
- Seller Motivation
- Family Emergency causing immediate relocation
- Transition Support
- Social Media to market new business on page w/3k+ followers avg 40k views mo.
2 weeks non stop support, calls for up to 3 months after.
Liquor License Transfer, Vendor Transfer, Utilities Transfer, Order Guides, Prep Guides, Recipes, POS Training/transfer, Insurance Transfer, Employee Manuals, checklist, inventory count spreadsheets, costing & more, just ask. - Financing Options
- $200k down, seller financing for the rest, 5 yr at 6%, 10K fee $200k empty
Listing Info
- ID
- 2413351
- Listing Views
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2413351 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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