CHATTANOOGA, Tennessee
| Asking Price |
$115,000 |
Year Established |
1994 |
|
| Annual Revenue |
$521,553 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$36,715 |
Attention |
Liam Pinson |
|
| Annual Cash Flow |
$0 |
Listing Number |
1012534 |
|
| # of Employees |
11 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This is an opportunity to acquire a well-established American-style restaurant that has been serving the Chattanooga area for more than 30 years. The business has developed a loyal customer base and has maintained consistent year-over-year revenue throughout its history.
The restaurant is known locally for its quality food, dependable service, and welcoming atmosphere. Its long operating history and strong reputation have helped create a steady stream of repeat customers and reliable business performance.
One of the business's most attractive features is its limited owner involvement. Day-to-day operations are largely handled by employees, allowing the current owner to maintain little to no involvement in the restaurant's daily activities. This makes
the opportunity well-suited for both hands-on operators and investors seeking a more passive ownership role.
The sale includes a turnkey operation that is ready for a new owner to continue operating immediately. Businesses with this type of longevity, consistent revenue history, and minimal owner involvement rarely become available. Additional information will be provided to qualified buyers upon request.
Property Features and Assets:
<p>Lease Info: Square Footage: 1,200</p><p>Total Monthly Rent: $2,075</p>
Market Competition and Expansion:
<p>Other similar businesses.<br></p><p>Expected growth from marketing and advertising.<br></p>
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