Well Established & Profitable Restaurant

Chattanooga, TN
Hamilton County


Asking Price: Annual Revenue:
$650,000 $1,486,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Well Established & Profitable Restaurant Broker: Bill Pinson

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,486,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 1975
Employees: Not Disclosed
BBN Listing #: 553843201
Broker Reference #: Not Disclosed

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Business Overview:

High Profit Restaurant, Sales Showing No Signs of Slowing!

If you are interested in buying a well-established restaurant that is known by their many regulars for their menu and customer service, this southern comfort food meets Greek cuisine is the restaurant for you. Only restaurant of its kind, in the area.

Highly profitable with large possibility for growth. Established over 45 years ago, this restaurant comes with excellent records and a longstanding, experienced team, to make for an easy transition, and potential SBA lending.

This 4,608 sq. ft. space, seats 150.

Sales in 2019 were almost $1.5M. Third quarter sales in 2020 match third quarter sales in 2019, unheard of in our current pandemic environment. Great location on busy thorough way, on corner lot at a stop light.

This rare gem won’t stay on the market long, don’t miss out on this unique income potential!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This 4,608 sq. ft. space, seats 150.

Market Competition and Expansion:

Unique menu, no direct competition around for 10 miles. Potential growth through expanding delivery and corporate and private party catering.

Reason for Selling:

Retiring.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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