Impressive Restaurant and Sports Bar

Not Disclosed, TN
Knox County


Asking Price: Annual Revenue:
$850,000 $1,564,436

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Impressive Restaurant and Sports Bar Broker: Doug Kose
Owner Financing is Available!

Quick Facts

Asking Price: $850,000
Annual Revenue: $1,564,436
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 586854611
Broker Reference #: 5182-308171

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Business Overview:

This high quality restaurant specializes in smoked meats, BBQ and Italian food that is made from scratch. The business doubles as a sports bar and live music venue where alcohol brings in around 40% of the revenue. Live entertainment is offered several days of the week. Business has excellent customer service and a friendly atmosphere. Customer reviews are off the charts.

Owner did the build-out of the restaurant and spent over $750K in leasehold improvements that includes high quality expanded space, booths, tables, décor, stage, bar, lighting, etc. The business has a turnkey operation in place with an experienced team to make for a smooth transition with the buyer.

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Reason for Selling:

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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