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Blue Ridge Long Standing Super Profitable Restaurant

For the past 14 years, the dedicated owners have nurtured and grown this thriving establishment, earning the praise of countless satisfied customers. With numerous glowing reviews online, boasting nearly 5-star ratings on platforms like Google and Yelp, this business has solidified its reputation as a beloved local favorite.

Impressive financial performance further sets this opportunity apart. In 2022 alone, sales exceeded $2,671,364, and the owner netted an impressive $680,841 from just 5 dinners and 5 lunches weekly. In 2021, gross revenues surpassed $2,685,030, with profits exceeding $700,866 and revenues for 2023 are in track to pass the three million dollars mark.

The restaurant space itself is a standout feature, comprising approximately 9,000 square feet in a prime location at the heart of the bustling town. Enjoy the benefits of a long-term lease with a highly favorable gross monthly rent of $10,000. With a seating capacity of 124, the potential to expand and accommodate more patrons is easily achievable.

Notably, Blue Ridge has become a favorite destination for tourists and new residents alike, nestled amidst the breathtaking Blue Ridge Mountains. The region offers an array of activities, from serene days at the lake to thrilling hiking, kayaking, food tours, breweries, and shopping experiences. It’s no wonder this charming town is considered one of the most desirable places to live in the south.

Asking Price: $1,750,000
Gross Revenue: $2,671,364
SDE: $680,841
Inventory: $10,000
FF&E: $200,000