Restaurant for Sale in Southside Historic District

Chattanooga, TN
Hamilton County


Asking Price: Annual Revenue:
$199,000 $325,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant for Sale in Southside Historic District Broker: Robin Gagnon
License #: 327379 FL SL3186444

Quick Facts

Asking Price: $199,000
Annual Revenue: $325,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: 8
BBN Listing #: 3478096
Broker Reference #: 7119

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Business Overview:

Popular, beautifully appointed restaurant for sale ith exposed brick walls in this trendy southside historic district of downtown Chattanooga. Your chance to capitalize on the $325,000 in annual sales. No state income Tax -- Tennessee is calling!

After 13 years operating this very unique restaurant for sale, the owners are moving on. With a spectacular location and easy to find, this turnkey operation has a great reputation for great food and service. It is unlike any other restaurant in Chattanooga. This restaurant for sale has 75 seats inside and 24 seats outside. With 2,200 square feet and rent all-in is only $4,200 per month. There is a beer and wine license.

Keep the existing fabulous menu, or make it your own, you call the shots. The current owners work very limited hours but again, you can make them whatever you like. Currently the restaurant for sale is closed on Sundays, open Monday through Thursday 4 pm to 9 pm and Friday and Saturday 4 pm to 10 pm. That spells opportunity for a new owner.

The current chef owner is willing to give 30 days of training managing front of the house and back of the house so you will feel comfortable understanding the day-to-day operations thoroughly at this restaurant for sale. With a staff of just 2 full time employees and 6 part time employees, this operation is easy to manage.

The southside historic district of Chattanooga has grown to be “the” place to live and work in the city. With many new homes, restored buildings, hotels, parking garages, and public transportation, the neighborhood is also walkable for the thousands of residents and especially tourists. This restaurant for sale could not be in a better location.

You can count on attracting guests of the nearby Chattanooga Choo Choo hotel, built in 1908, which was once the terminal station for the Southern Railway. This compound is a 24-acre hotel and vacation complex. Additionally, the University of Tennessee at Chattanooga is only a couple miles away from this restaurant for sale.

The fully equipped commercial kitchen contains everything you need to keep the operation running smoothly and efficiently at this restaurant for sale. Don’t miss the opportunity to own this beautiful space in this trendy and historic area of Chattanooga. It’s your chance to be part of the excitement.

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:

Food is unique - unlike any other restaurant in Chattanooga. Great location, easy to find, turn key operation and great reputation for the food and service.

Market Competition and Expansion:

Southside of Downtown // Near the historic landmark Choo Choo Hotel // Chattanooga "Gig City" due to all of the new Tech Companies.

Reason for Selling:

Personal

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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