Popular lakefront restaurant w/great client base

Knoxville, TN
Knox County

Asking Price: Annual Revenue:
$450,000 $503,642

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Popular lakefront restaurant w/great client base Broker: Drew Rutherford

Quick Facts

Asking Price: $450,000
Annual Revenue: $503,642
Net Profit: Not Disclosed
Cash Flow: $146,212
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 25
BBN Listing #: 208754611
Broker Reference #: 5182-346954

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Business Overview:

This well-known waterfront restaurant boasts tons of square-footage and offers lots of outdoor dining space, too. Lots of equipment and leasehold updates and a loyal client base make this a unique opportunity.

While there are many restaurants in Knoxville, there are only a few that are comparable competitors to this restaurant.

The business enjoys a seasonal boom, and the slower part of the years offers opportunities for events and group sales.

Freestanding building with large outdoor patio.

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Reason for Selling:

Other business interests.

Additional Details:

  • The property is leased.
  • 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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