Restaurant for Sale in Nashville Generates $300000

Nashville, TN
Davidson County

downtown


Asking Price: Annual Revenue:
$769,900 $1,519,721

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant for Sale in Nashville Generates $300000 Broker: Robin Gagnon
License #: 327379

Quick Facts

Asking Price: $769,900
Annual Revenue: $1,519,721
Net Profit: Not Disclosed
Cash Flow: $299,863
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 24
BBN Listing #: 6178096
Broker Reference #: 7237

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Business Overview:

Incredible Restaurant for Sale with Full Bar in downtown Nashville Tennessee. Sales over $1.5 Million! Owner takes home $300,000 per year! Established location open since 2006! Yes! Qualifies for lending. Bring 30% down! This restaurant for sale is a home run location in downtown Nashville with sales of more than $1.5 million dollars on the books. Inside seating for 150 drives unmatched revenue for the owner (take home) of $300,000. This is possible due to the full bar and liquor license, spectacular menu, great staff, and a market that continues to grown. Best deal on the market today. Easily qualifies for lending with just 30% down. Ask us how we can get you approved today! This beautifully decorated restaurant for offered by We Sell Restaurants has multiple seating areas ranging from formal dining to a more relaxed “Cheers” kind of atmosphere in the bar. They host large parties regularly in their various rooms. Located just blocks from the Tennessee State Capitol complex, near museums, hotels, tourist attractions, and the Arts District, this restaurant for sale with bull bar is well-placed and highly visible. With tourists and locals, this is a busy restaurant for sale has a very steady flow of customers. They are dedicated and accustomed to the great atmosphere, quality food and drinks, a professional and pleasant staff and a convenient downtown, walkable location. And the reviews are as good as they get on virtually every travel site and there's over 20,000 check-ins on Facebook!!! As you might imaging, there is an extensive equipment list quite suitable for a super-busy restaurant for sale with bar like this. Current hours are relatively limited compared to many other bar/restaurants, open just 7 am to 2 pm from Sunday to Wednesday and 7 am to 8 pm on Thursday to Saturday. Nashville's tourism industry broke another record with 15.2 million visitors to the city in 2018, an increase of almost 5 percent over 2017. Tourist spend over $7 Billion each year in the city. That's a lot of customers for this restaurant for sale. Nashville is known as the “Music City” with its famous Grand Ole Opry stage and radio show. And the population has grown over 20% since 2000 creating a fabulous place to live and own a business. Owning this prestigious bar and restaurant for sale is many levels above a pizza or sub shop. Let We Sell Restaurants walk you through the various steps to ownership and you'll be on your way to a fabulous lifestyle.

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Property Features and Assets:

Two 48 inch under counter refrigerators 60 inch sandwich maker station Everrest over under upright refrigerator freezer Full size Vulcan convection oven Toastmaster two drawer warmer 48 inch Blueair sandwich making station Wearing rotary toaster Four 48 inch glow heat strips Kitchenaid mixer Heavy duty electric can opener Kitchenaid heavy duty plunder 48 inch True sandwich making table Full size hot holding table 50 pound gas fryer Eighty pound gas fryer Everest 72 inch refrigerated equipment stand 10 burner saute range 10 foot hood system 36 inch refrigerated sandwich unit 60 inch Refrigerated sandwich unit 60 inch flat top grill 48 inch sandwich making table Two double well steam table units with cutting boards Ansil system with 6 heads 300 pound ice maker Five 15 cu ft chest freezers 36 Inch flat top grill 48 Inch flat top grill Hobart 30 qt mixer Two 5 x 8 walk in coolers 9 x 5 walk in cooler Two 3 compartment sinks 48 inch slide beer cooler 72 inch 6 head advantage beer top system Two 24 inch beer chillers 36 refrigerated bar station 48 inch Turbo air side-by-side refrigerator freezer 40 inch True under counter refrigerator 36 inch True under counter refrigerator 40 Inch upright beverage cooler 300 pound ice machine 36 inch glass door refrigerator Restaurant manager system with CPU and 6 terminals 7 remote printers Two remote impact printers Various stereo systems

Market Competition and Expansion:

Nashville is hot and growing by leaps and bounds. 30,000 people moved to Nashville last year. That breaks down to just over 82 people per day. The population is now at about 1.8 million people and the city grew by nearly 2% last year. Our restaurant is business is busy and steady. We have devoted clientele. Our staff is great, our location is great and the space within gives many options.. We just put in 2 new air conditioning systems.

Reason for Selling:

Retiring

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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