Turnkey Restaurant, Bar & Music Venue in Prime College Town Location

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Financial Details

Asking Price:
$399,000
Profit Metric:
Cash Flow
Location:
Boone, NC, US
Source:
Date:
September 15, 2025

Key Highlights

Prime location in a college town with 20,000 students.
Turnkey, profitable restaurant, bar, and live music venue with a super low lease rate.
Significant growth potential with new concepts and high demand during college football season.

Description

This listing presents a well-established, turnkey, profitable restaurant, bar, and music venue located in a prime spot in a college town. The business benefits from a large student population of 20,000, high demand during sports seasons, and is situated in a highly walkable area, just steps from campus. The property boasts a super low lease rate for the area, offering significant cost advantages. The venue is fully staffed and currently profitable, with ample room for growth through new concepts or themes. It is a popular live music venue, with bookings secured throughout the year. The sale includes all inventory. The business is best suited for experienced restaurateurs, potentially with partners, and can operate semi-absentee. Buyers are required to sign an NDA and provide proof of funds before receiving further information. The seller prefers a cash purchase and does not offer seller financing.

Industry Information

Industry Description:
Restaurant/bar & music venue
Classification:
Restaurants & Food

Real Estate & Lease

Status:
Leased

Assets & Inventory

Includes Inventory:
Yes

Listing Details

Listing ID:
1416fa89-0b67-4c09-a92a-0d03cb22e3be
Deal Status:
For Sale
Date Posted:
September 24, 2023
Last Updated:
September 15, 2025
Currency:
USD