Turnkey Bar for sale, $560K Sales, Asheville Tourist Route, Low Rent
Business Description
This turnkey Bar for sale delivers a high volume opportunity in a booming, high income trade area with a proven track record of $560,000+ in sales. Occupying its own freestanding building with ample parking, the venue features flexible indoor/outdoor seating for 100 patrons, making it a prime destination for lucrative corporate events, group parties, and catering.
The Bar for sale delivers a vibrant, welcoming atmosphere complete with high top seating, low profile arrangements, booths, and an inviting outdoor patio, featuring a distinct, separate bar area that is heavily attended due to successful weekly promos. The fully equipped kitchen at this restaurant for sale is a true plug and play setup, complete with a vent hood, grease trap, two fryers, a six burner stove, a convection oven, a flat top, a grill, a Salamander, a microwave, a reach in freezer, an under counter cooler, a keg cooler, a POS system, and a comprehensive security system.
Offered by We Sell Restaurants, operations at this restaurant for sale are supported by 10 seasoned staff members ready to assist in a smooth ownership transition. The 2,645 sq. ft. establishment features a remarkably low base rent of $4,474 with over two years remaining on the lease and negotiable renewal options. Your Certified Restaurant Broker® can assist qualified candidates with the lease assignment, including negotiating possible additional term options.
Guests enjoy an elevated New American comfort food menu through full service dine in, delivery, or pick up options. The culinary selection ranges from creative small plates like trout dip to hearty entrées, including double smash burgers, steak, and vegan choices. The full service bar provides handcrafted cocktails and regional brews, while late night service establishes this premier destination as a favorite for after hours dining.
Strategically positioned on a high volume transit corridor boasting an impressive 26,000+ daily vehicle traffic count, this property sits directly on the primary tourism artery connecting Historic Biltmore Village, the Blue Ridge Parkway entrance, and the bustling South Asheville resort market. This restaurant for sale taps into a robust regional population of over 420,000 residents boasting an average household income exceeding $120,000+. Driven by major healthcare systems, manufacturing hubs, and 14 million annual tourists, this high traffic market fuels consistent, year round demand that greatly minimizes seasonal slump risks.
By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
The Bar for sale delivers a vibrant, welcoming atmosphere complete with high top seating, low profile arrangements, booths, and an inviting outdoor patio, featuring a distinct, separate bar area that is heavily attended due to successful weekly promos. The fully equipped kitchen at this restaurant for sale is a true plug and play setup, complete with a vent hood, grease trap, two fryers, a six burner stove, a convection oven, a flat top, a grill, a Salamander, a microwave, a reach in freezer, an under counter cooler, a keg cooler, a POS system, and a comprehensive security system.
Offered by We Sell Restaurants, operations at this restaurant for sale are supported by 10 seasoned staff members ready to assist in a smooth ownership transition. The 2,645 sq. ft. establishment features a remarkably low base rent of $4,474 with over two years remaining on the lease and negotiable renewal options. Your Certified Restaurant Broker® can assist qualified candidates with the lease assignment, including negotiating possible additional term options.
Guests enjoy an elevated New American comfort food menu through full service dine in, delivery, or pick up options. The culinary selection ranges from creative small plates like trout dip to hearty entrées, including double smash burgers, steak, and vegan choices. The full service bar provides handcrafted cocktails and regional brews, while late night service establishes this premier destination as a favorite for after hours dining.
Strategically positioned on a high volume transit corridor boasting an impressive 26,000+ daily vehicle traffic count, this property sits directly on the primary tourism artery connecting Historic Biltmore Village, the Blue Ridge Parkway entrance, and the bustling South Asheville resort market. This restaurant for sale taps into a robust regional population of over 420,000 residents boasting an average household income exceeding $120,000+. Driven by major healthcare systems, manufacturing hubs, and 14 million annual tourists, this high traffic market fuels consistent, year round demand that greatly minimizes seasonal slump risks.
By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
About the Business
- Years in Operation
- 2
- Employees
- 10 (5 Full-time, 5 Part-time)
- Facilities & Assets
- Hood, In Ground Grease Trap, Fryer 1, Fryer 2, 6 burner Stove, Flat Top, Grill, Convection Oven, 3 Compartment Sink, Salamander, Microwave, Steamer, Blender, Rice Cooker, Reach In Freezer, Under Counter Cooler, Keg Cooler, Ice Machine, Sandwich Prep Coolers, Freezer Chest, Miscellaneous shelving, Prep Tables, Sheet Pan Racks, Scale, Meat Slicer, Small wares such as pots and pans, Flat wares, Bar wares, Glass wares, Serving wares, Trash Receptacles, Utility Carts, 15 Tables, 60 Chairs, Bar stools confirm count, High Chairs confirm count, Booster Seats ...
- Website
- https://www.wesellrestaurants.com
- Market Outlook / Competition
- The business benefits from a high-income regional population and a massive funnel of 14 million annual tourists, creating insulation against seasonal slumps. The booming, affluent trade area attracts aggressive national and local concepts, requiring a new operator to stay highly competitive with marketing and menu innovation.
- Opportunities for Growth
- A new owner can instantly scale revenue by expanding operating hours into the lucrative late-night market, capitalizing on the high-volume traffic funnel passing the freestanding building. Future growth must be achieved internally through menu optimization and increased seat turnover.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,645
- Rent
- $4,474.00 per month
- Lease Expiration
- 12/31/2028
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Request with Contract Offer
Listing Info
- ID
- 2521358
- Listing Views
- 70
Listing ID: 2521358 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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