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