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OFF-MARKET
Retail properties & Spaces

Affordable Rent Cookie Concept And Bakery For Sale In Biltmore Park! Asheville, NC 28803

1,200 SF Built 2024
Property ID
Property summary
AI-generated overview

This thriving cookie concept and bakery, located in Asheville's desirable Biltmore Park, presents a remarkable opportunity for business acquisition. Established in 2024, this 1,200-square-foot retail space boasts a prime location within a bustling shopping plaza, ensuring high visibility and consistent foot traffic. The current lease extends until September 30, 2029, offering long-term stability. Priced at $99,000, this turnkey operation includes all necessary commercial-grade equipment, such as an electric convection oven, ice cream maker, refrigerators, freezers, stainless steel prep tables, and more. The inviting lobby and counter area are complemented by additional seating for customers. A dedicated office and storage space provide ample room for administrative tasks and inventory management. The current monthly rent is $3,500. The business model is designed for flexible ownership, allowing for either hands-on or semi-absentee management. The current operating hours are 10 AM to 11 PM. The bakery's location within Biltmore Park Town Square, surrounded by diverse retail and dining options, further enhances its appeal and potential for growth. The current franchise model can be maintained or converted to an independent brand with landlord approval. This presents a unique opportunity to acquire a well-established, profitable business in a high-traffic area with significant growth potential. The existing equipment and established customer base provide a solid foundation for immediate success.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 1,200 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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