Restaurant/Lounge for Sale - Staple of Community!

Milan, TN
Gibson County

Asking Price: Annual Revenue:
$325,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Restaurant/Lounge for Sale - Staple of Community! Broker: Bradley Arnold

Quick Facts

Asking Price: $325,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: Not Disclosed
BBN Listing #: 410324203
Broker Reference #: 41019-22068

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Business Overview:

Turnkey Business for Sale in bustling Gibson County, Tennessee 

Clifford's of Milan has been a staple in the local community for decades and is now for sale and looking for a new owner(s) / operator(s). Originally founded by Mr. Clifford Scott, a local Gibson County legend, Clifford's has been a long-established member of the Milan business community and has entertained thousands of guests over its many years in business. 

The business was purchased in 2020 by the current owners who have rejuvenated the interior, added a liquor license, an expanded kitchen, and began offering a more family style atmosphere which now boasts a consistent weekly lunch and dinner crowd. Clifford's is also known as the "unofficial" pre-game and post-game spot for many local fans of the local sports teams. 

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Property Features and Assets:

Clifford's is located a block behind Main St. in Downtown Milan, TN. The downtown area of Milan has also recently had many infrastructure improvements such as new sidewalks, & decorative LED light poles. Additionally, many of the old buildings downtown have recently been rehabbed by investors and re-occupied by new and vibrant businesses. There are several churches within a few block radius as well as the Post Office, Regions Bank, Arnold's Beauty School of Cosmetology, the MSSD School Board Central Office, Milan, City Hall, the Milan Chamber of Commerce, and the historical Ritz Cinema 3 Theatre. The latest attraction is the new Millan Farmer's Market (2022) with plans to begin hosting small sized concerts and other similar events in the near future.

Additional Details:

  • The property is owned.
  • 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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