Reduced: Friendly neighborhood pizzeria bar/grill

Not Disclosed, TN

Asking Price: Annual Revenue:
$149,900 $600,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Reduced: Friendly neighborhood pizzeria bar/grill Broker: Drew Rutherford
Owner Financing is Available!

Quick Facts

Asking Price: $149,900
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: $52,000
Total Debt: Not Disclosed
FF&E: $120,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 6
BBN Listing #: 611354611
Broker Reference #: 5182-841261

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Business Overview:

For nearly a decade, this bar and grill has been serving up great food and is known to be the friendly neighborhood pub. From steaks and ribs to burgers and pizza, there is a menu item for everyone in the family. With multiple big-screen TVs and more than a dozen beers on tap, this is a sports fans’ favorite hangout. Additionally, there is a small event space for large groups and parties.

The current owner works 30-40 hours in the restaurant each week, making this a unique opportunity in the foodservice market. The business is for sale because the current owner wishes to pursue other business interests.

Opened in 2012 as a steakhouse & sports bar, the current owner added pizza to take advantage of the to-go market. The business has been open throughout COVID-19 in accordance with Tennessee health department guidelines, and was open for to-go orders when the area was under quarantine restrictions.

Competitive Overview There are no apples-to-apples competitors in the area.

Potential Growth: The current owner's goal of a 40-hour week offers a new owner an opportunity for an immediate bottom-line impact by taking a more active role in the business. There is an event space in the restaurant, and revenue could be improved by more active pursuit of group sales. Additionally, opening the restaurant on days it is closed, as well as an advertising plan.

Restaurant includes separate bar & seating areas, as well as a private event space.

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Reason for Selling:

Other 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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