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- RE: Specialty Restaurant In High Traffic Area
- Contact: Sheila Hansen
Quick Facts
Asking Price: | $295,000 | |
Annual Revenue: | $1,493,284 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $133,421 | |
Total Debt: | Not Disclosed | |
FF&E: | $35,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 19 | |
BBN Listing #: | 993929 | |
Broker Reference #: | 5182-696847 |
Business Overview:
Well-established, locally owned and operated upscale fast-casual specialty Restaurant, hand-crafted build-out, centrally located in high traffic area of Knoxville, Tennessee.
Known for its commitment to quality and efficiency, this fast-casual independently owned restaurant is priced to sell. Every dish is prepared when ordered from fresh, high-quality ingredients. Guests place orders at the counter and enjoy their meal in a fun, eclectic dining space. The restaurant also offers takeout, delivery, and catering services, expanding its reach beyond in-house dining. Seller is not involved in day-to-day operations and is selling the business to focus on other ventures.
This is a great opportunity to buy an established locally owned and loved restaurant in one of Knoxville’s busiest commercial corridors. With a popular menu, established online ordering and delivery systems, and full staff already in place, this turnkey opportunity is well-positioned for continued success.
The current owner/founder operates in an absentee or semi-absentee capacity, with no involvement in daily operations, while drawing a modest salary. A hands-on owner actively managing the business can streamline staffing, significantly reduce payroll costs, and increase personal earnings, leveraging the restaurant’s established operations to enhance profitability.
Get in touch with Sheila Hansen at Transworld Business Advisors today to request an NDA to learn more about this business. >>
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Property Features and Assets:
Established by current owner in 2011, handcrafted beautiful build-out. Started business because of their love for this type of widely appealing specialty food. Owner operated for many years, but recently took on another venture and feels the time is right to sell their beloved restaurant at a great price to the right buyer.
Market Competition and Expansion:
The business has significant growth potential through enhanced marketing and operational adjustments. Introducing happy hour specials could boost traffic during slower periods, while extending hours with a streamlined, late-night menu could capture additional customers. Developing and promoting a distinctive fusion concept would further differentiate the restaurant, attracting new patrons and driving revenue.
The restaurant faces limited direct competition in its immediate area, with only a few similar dining options nearby. This favorable competitive landscape positions the business to strengthen its market presence through targeted marketing and menu innovation, capitalizing on its established reputation and prime location.
Reason for Selling:
other business obligations. Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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