North Carolina Freestanding Restaurant with Real Estate for Sale - $350K Net Profit

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Financial Details

Asking Price:
$2,100,000
Annual Revenue:
$1,850,000
Cash Flow / SDE:
$350,000
Profit Metric:
Net Profit
Valuation Multiple:
6.0x
Location:
Jackson County, NC, US
Source:
Date:
September 15, 2025

Key Highlights

Prime location near Harrah's Casino and Great Smoky Mountains National Park, attracting over 3.2 million tourists annually.
Strong financial performance with $1.85M gross sales and $350K net profit in 2019, supported by clean books and tax returns.
Recently renovated freestanding building on .66 acres, featuring 4,226 sq ft, seating for 155, and ample parking.

Description

This is a well-established, casual freestanding restaurant located in Jackson County, North Carolina, a prime tourist destination near Harrah's Casino and the Great Smoky Mountains National Park. The business boasts strong financials, with $1,850,000 in gross sales and $350,000 in net profit reported for 2019. The owner has operated the business successfully for 12 years and runs it with a manager and two kitchen managers, indicating a stable operational structure. The property is a freestanding 4,226 sq ft building situated on .66 acres, featuring 48 parking spots and seating for 155 patrons. Significant recent renovations include a new roof, plumbing, parking lot, floors, hoods, and equipment, ensuring the facility is modern and well-maintained. The business serves beer and wine and operates six days a week, closed on Sundays. The sale includes both the business and the owned real estate, making it an attractive turnkey opportunity for an investor looking to capitalize on high tourist traffic.

Industry Information

Industry Description:
Casual Freestanding Restaurant
Classification:
Restaurants & Food

Operational Snapshot

Year Established:
2013

Real Estate & Lease

Status:
Owned

Listing Details

Listing ID:
2291fe07-b78a-4565-ba90-979e4b6604e3
Source Listing ID:
#3069
Deal Status:
For Sale
Last Updated:
September 15, 2025
Currency:
USD

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