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$235,000 in Owner Earnings at Popular Boone, NC Restaurant for Sale

High Earnings in the High Country!  Located in Boone, NC this Popular Restaurant for Sale is pulling in incredible earnings!  2022 finished out strong for an owner/operator at $235,400 off $1.1 Million in sales!  Limited hours and incredible earnings, make this one the one to get!  SBA lending no problem on a money-maker like this one!
 
This Restaurant for Sale could not be in a better area!  Boone is a growing area with a bustling downtown, and you have the ability to keep it staffed with the college labor market!
 
This Restaurant for Sale will qualify for SBA lending and you will be approved in no time at all! When you bring 20% to the table, the rest will be financed over the span of 10 years!  We Sell Restaurants has lender contacts that can get you qualified for lending and be on your way to being the new owner of this money-maker! 
 
This 1300, square foot Restaurant for Sale is in a prime location in Boone.  The current lease is valid through 2025, and we have already figured in the expected rent increase.  Which means you are still making $235,000 after the expected increase! 

Do you want to hear the best part of this whole opportunity?  Limited Hours!  This local favorite is only open limited hours per day, so you have No Late Nights!  Enjoy great earnings and a great quality of life in the restaurant industry.  Fully staffed with 19 employees.  With a large pool of college students nearby that are always looking for a job, it's easy to keep this Restaurant for Sale staffed.  

Living in Boone offers residents an urban suburban mix feel surrounded by the majestic Blue Ridge MountainsWhen a former Boone resident (or student) finds their way back to those beautiful mountains, they call it the "Boonerang Effect. The area has seen rapid growth over the last two decades, and that has been great for business including this Restaurant for Sale.  The public schools are highly rated, cool summers, plenty of outdoor activities, and of course skiing, there is plenty to do in Boone! 

Are you ready to make an incredible salary and be in business for yourself?  This Restaurant for Sale in Boone, NC could be just what you have been looking for! 
 

This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.

Please click on the tab below to easily acknowledge confidentiality on this Restaurants for sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Robin Gagnon at (404) 800-6700

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Listing

  • Listing#: 9593
  • Price: $575000
  • Location: Boone

Lease Term: Expires 2025 with extensions to be negotiated

Monthly Rent: $4843,

Indoor Seating: 40

Inside Sq. Ft: 1300,

Hood System: Yes

Hours Open: 8 a.m. to 2 p.m. daily

# of Part-Time Employees: 10-18

# of Full-Time Employees: 9-12

Net Sales: $1110577.00

Owner Benefit: $235417

Features

  • High Earnings in the High Country
  • Great Quality of Life with limited operating hours
  • Impressive earnings at this Popular Boone, NC Restaurant
  • Fully staffed with 19 employees in place
  • Great location with plenty of traffic
  • SBA lending avaialble
  • Restaurant for Sale
$235,000 in Owner Earnings at Popular Boone, NC Restaurant for Sale

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