Steak N' Shake w/Property in Metro-Nashville, TN!

Nashville, TN

Metro-Nashville, TN!


Asking Price: Annual Revenue:
$2,150,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Steak N' Shake w/Property in Metro-Nashville, TN! Broker: Kavita Purohit

Quick Facts

Asking Price: $2,150,000
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: 2018
Employees: Not Disclosed
BBN Listing #: 272933274
Broker Reference #: Not Disclosed

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Business Overview:

Seller lives in Kentucky and the manager quit recently on Sept. 14, 2021! Huge opportunity for an Owner-Operator! Seller had to close the store because it was too far for him.

Restaurant is currently shutdown. Shutdown since September 14, 2021 because the manager quit. Seller resides in Kentucky!

Net Profit was $74K per year AFTER paying over $185K in payroll for the trailing 12 months!

Newly Constructed Steak 'n Shake Business-only in Metro-Nashville!

Seller did not run the store! New Steak 'n Shake concept that is Counter Service only! Restaurant is NOT 24 hours and only open from 10am to 10pm! Buyer can start breakfast if they wish!

Payroll was over $15,400 per month for the trailing 12 months! However, Buyer should be able to bring the operational payroll down to 25% of revenue, or at least $10,500 less per year!

Restaurant opened recently in November 2018!

Yearly sales are $700,000 at a 70% margin!

Adjacent to major car headquarters with approximately 8,500 employees. Less than a mile away from the police department, Walmart supercenter, and apartment complex with 288 units. Near a major manufacturer with employees of about 1,300 employees.

Traffic count is approximately 27,000 vehicles per day! Total population within 5 miles is about 75,000.

10 parks and a public golf course, including an outdoor water park nearby!

The franchise transfer fee is $25,000!

Asking Price for Business and Property: $2.15M! If you wish to rent and buy the business only please call us.

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Property Features and Assets:

Adjacent to major car headquarters with approximately 8,500 employees. Less than a mile away from the police department, Walmart supercenter, and apartment complex with 288 units. Near a major manufacturer with employees of about 1,300 employees. Traffic count is approximately 27,000 vehicles per day! Total population within 5 miles is about 75,000. 10 parks and a public golf course, including an outdoor water park nearby!

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 a franchise resale opportunity.

Relevant Links:

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