Record Setting Sales in 2021 Real Estate Included

Not Disclosed, TN


Asking Price: Annual Revenue:
$1,700,000 $1,189,366

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Record Setting Sales in 2021 Real Estate Included Broker: Tabby Hemphill

Quick Facts

Asking Price: $1,700,000
Annual Revenue: $1,189,366
Net Profit: Not Disclosed
Cash Flow: $157,887
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: 50
BBN Listing #: 56318096
Broker Reference #: 8246

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Business Overview:

Live your best life in the beautiful Eastern Tennessee mountains. This busy Restaurant for Sale just a short drive from Pigeon Forge and Gatlinburg is serving up $1.1 Million in Sales. Business, Real Estate, and Small Rental House is included in the purchase. Owner Earnings of $157,000 and no Landlord! SBA Financing for qualified buyers. Has Consistently Average $1.3 Million in Sales over the last eight years. This Restaurant for Sale is just a short drive from Pigeon Forge and Gatlinburg makes this hidden gem in Eastern Tennessee the one to buy! When tourist take over the locals flock to this hidden area to enjoy the peaceful laid back lake life. SBA Financing is available to qualified buyers with 20% down. We Sell Restaurants has lender resources available that can get you approved in days, not weeks on this Restaurant for Sale! Standing the test of time, this Restaurant for Sale has consistently had average sales of over $1.3 million over the last 8 years! This year is even better, with sales on track to be at $1.5 million. An Independent Restaurant with the Sales of a major Franchise. Sales in 2020 were just over $1.1 million earning an owner/operation $157,000 and no landlord to deal with! 2021 is on track to do even better! Record setting sales so far and we are just halfway through the year. Summer and Fall are always busy times for this busy Restaurant for Sale and these record setting sales are just going to increase through the peak seasons. Be your own landlord! The Real Estate Market in Eastern Tennessee is booming, and this Restaurant for Sale opportunity includes a 6,446 square foot building that the busy restaurant operates out of. An additional 768 square foot rental house is included, as well as an additional vacant lot. Fully equipped, this Restaurant for Sale comes complete with everything you need to continue operations from day one. Fully trained and knowledgeable staff are in place and would likely be eager to stay on for a new owner. Seating for over 100, and a large kitchen that's pumping out over a million in sales are all in great shape and no expense has been spared. This Tennessee Restaurant for Sale is a great opportunity for anyone looking to escape to the quiet mountains of Tennessee. Close by three lakes, and a just short drive to Asheville, Knoxville, Pigeon Forge, & Gatlinburg makes this an incredible location to settle down in. Relax and live the quiet lifestyle you've been dreaming of. Take advantage of this rare opportunity to own and operate your own Restaurant for Sale in the mountains of Tennessee with the Real Estate included. For Confidentiality purposes, proof of funds in the amount of $240,000 will be required before the name, address, and any financial information can be released. Call today and get started living your best life!

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Property Features and Assets:

To be provided.

Market Competition and Expansion:

Locals from Sevierville, Pigeon Forge & Gatlinburg come here to escape the tourists.

Reason for Selling:

Retirement

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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