Popular Gatlinburg Restaurant for Sale

Gatlinburg, TN
Sevier County

Asking Price: Annual Revenue:
$195,000 $226,591

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Popular Gatlinburg Restaurant for Sale Broker: Sheila Hansen

Quick Facts

Asking Price: $195,000
Annual Revenue: $226,591
Net Profit: Not Disclosed
Cash Flow: $68,069
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 1
BBN Listing #: 638954611
Broker Reference #: 5182-166868

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Business Overview:

Quaint, popular, profitable Gatlinburg restaurant. Old-fashioned charm, the kind of place one would expect to find here in the Smoky Mountains of East Tennessee. The owner's provide breakfast and lunch favorites, mixed in with some personal specialties. Tasty and flavorful foods make this a tourist as well as local favorite. Indoor/Outdoor seating. 30 seats indoors, and about 30 outside. Leased space. Includes charming decor, equipment, and more.

Currently open only 4 days per week, 6 hours per day. Why? Because they are profitable and enjoy a balanced lifestyle. Two owners run by themselves with a little help during really busy times. New owners may want to be open 7 days per week, and open for dinner on weekends. Double your sales with that basic tweak? It's a possibility, for sure!

Restaurant is consistently ranked in the Top 10 locally. Marketing efforts focus on Google, Trip Advisor, and Yelp.

Sampling of Menu items:

French Toast
Biscuits and Gravy
Kids Breakfast

Grilled Cheese
Homemade Chili
Chili Dogs and Hot Dogs
Soup and Salad
Burgers and Veggie Burgers

Fried Potatoes
Potato Salad
Collard Greens
Cheesy Grits

Beverages, including Cold Beer

1. BONUS: 2nd floor Loft, can be used for additional seating, an office, or additional storage.

2. BONUS: Small Studio Apartment available, just steps away from the back door. Use as apartment or for additional storage.

Learn more about this Gatlinburg favorite restaurant. Get in touch with Broker today.

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Property Features and Assets:

Lease Term Options: Minimum 5 year lease required. Includes exterior maintenance. Favorable lease terms available. Negotiate with Landlord directly during due diligence phase. Current rent is about $1200 for restaurant building and $300 for studio apartment. Expect slight increase. Facilities: Country rustic 24x36 log building, approx 700 sq ft plus 280 sq ft upper loft. Also includes optional 250 sq ft studio apartment, and extra 100 sq ft storage area, steps away from business. FF&E Overview: Rustic ambience with appropriate furnishings. Feels like a Smoky Mountain restaurant should. All equipment is included with plenty of storage and shelving. Some tables are owned by the landlord, they stay with the business and are part of the lease.

Market Competition and Expansion:

Two other small restaurants within a mile, but none offer what this restaurant offers. Significant growth opportunities, expand hours and days open. Doesn't really advertise except for online organic search efforts. Advertise more, especially to local cabin rentals, hotels and resorts to more capture tourist business.

Reason for Selling:

Moving out of state / semi-retirement

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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