Profitable Restaurant and Bar in Amazing Location

Not Disclosed, TN

Southeast TN

Asking Price: Annual Revenue:
$410,000 $702,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Profitable Restaurant and Bar in Amazing Location Broker: Bill Pinson

Quick Facts

Asking Price: $410,000
Annual Revenue: $702,000
Net Profit: Not Disclosed
Cash Flow: $138,000
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 6
BBN Listing #: 784743201
Broker Reference #: Not Disclosed

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Business Overview:

Profitable Restaurant and Bar in Amazing Location in Southeast TN

This is a unique opportunity to own a profitable restaurant/bar in an unbeatable location in Southeast TN. The restaurant has been open for 7 years and has a long list of regulars. It sits in a hot tourist location as well. Asking price is $350,000 plus equipment $60,000 for a total of $410,000. Management is in place and most of the staff has been there at least 3 or 4 years. There are currently 6 employees. If you are looking for a fun opportunity that is established and up and running like clockwork, this is the one for you!

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Property Features and Assets:

Restaurant is over 3,000 square feet with nice patio for added room for guest. Prime, high traffic location.

Market Competition and Expansion:

There are other restaurants in the area, but this one has a specific niche that is unique to the area. They are in a spot that not only brings in local patrons, but also taps a large tourist market.

Reason for Selling:

Taking care of family.

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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