$160,000 in Earnings, Full-Service Restaurant Sale

Manchester, TN
Coffee County


Asking Price: Annual Revenue:
$240,000 $722,533

Food & Beverage: Restaurants, Fast Food, Deli


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RE: $160,000 in Earnings, Full-Service Restaurant Sale Broker: Tabby Hemphill

Quick Facts

Asking Price: $240,000
Annual Revenue: $722,533
Net Profit: Not Disclosed
Cash Flow: $160,066
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 23
BBN Listing #: 11768096
Broker Reference #: 8474

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Business Overview:

Priced to Sell! The Owner Operator of this Tennessee Restaurant for Sale in a popular Golf Course brought in an impressive $160,000 in 2020. Sales were $722,000 and 2021 is on track to do even more! Under-Priced at just 1.5 times earnings, SBA lending is available with as little as 25% down for this fully-equipped, turn-key opportunity.

Great price on this Tennessee Restaurant for Sale. Relocation is the only reason this seller is willing to let go of such a profitable business for this price! $160,000 in earnings on $722,000 in sales for 2020 with 2021 on track for even more. This full-service restaurant offers up great menu items to golfers and the general public.

SBA lending for this Tennessee Restaurant for Sale is available to qualified buyers with as little as 25% down. We Sell Restaurants has lending resources we can put you in contact with that will have you approved for lending in days, not weeks! Priced at just 1.5 times earnings, lenders will WANT to do this deal!

According to a recent report, Tennessee has more people moving into it than any other state in the country. No income taxes are just one of the reasons Tennessee is a hot spot for newcomers, you read that right - Tennessee Residents pay NO income tax! That's just one of many reasons why this Tennessee Restaurant for Sale is a great opportunity for someone looking to come in and operate their own profitable restaurant.

Perfect location, situated between Nashville and Chattanooga this Tennessee Restaurant for Sale is housed in a 2,720 square foot space with an additional 1,420 square foot patio. Seating for 70 inside and 100 outside gives the guests the perfect view for viewing the beautiful sunsets. Remote screens and glass garage doors make this patio usable for dining in the winter months. Lease rate is an incredible 4% of gross sales and includes all CAMs, which is lower than any strip center rates around. Five-year lease with one additional five-year option will have you set.

This Tennessee Restaurant for Sale has been voted the #1 Restaurant in the Area for five years in a row, and boasts 15 years of operations with positive sales growth and profitability. Click to acknowledge confidentiality and be on your way to owning your own profitable restaurant. For certain listings a proof of funds requirement in the amount of 20% will be required before financials, name, and address of the restaurant is released.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

To Be Provided by Seller.

Market Competition and Expansion:

We have flourished after reopening from Covid. Relaxed outside dining with beautiful sunsets add to the great food. Remote screens and glass garage doors on the patio. We are the fastest growing economic counties in the state.

Reason for Selling:

Relocation

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.

Relevant Links:

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