Owner Financing Resort Area Restaurant
Tellico, Tennessee (Loudon County)
Food and Beverage - Restaurants  |  Food and Beverage - Other Food and Beverage
Seller Financing Available
Asking Price:   $80,000Inventory:   $5,000 ++
Gross Revenue:   $300,000Real Estate:   n/a
Cash Flow:   $80,000 (comments below)FF&E:   $65,000 ++
++ included in the asking price         ** not included in the asking price
Cash Flow Comments: Steady
This open and operating restaurant is situated in one of the loveliest areas of East Tennessee. For over fifteen years the owner /operators of this very popular Italian restaurant/pizzeria have made a great income. Cash flow is consistent and the business is doing great in spite of the economy! Featuring made from scratch pizza, subs and even fresh smoked BBQ, this business has carved out a great niche in the Tellico area. The Tellico area has several people who have recently retired and are not affected by the current market. With lots of golf courses, boating and biking residents of the area love the outdoors lifestyle that is popular in the area. The restaurant also has a great long term lease, comes with all the equipment, recipes, owner training and financing! Best value of cash flow / to asking price in East Tennessee,pizza, beer ,live entertainment, fun atmosphere and only six days a week !
About the Business
Year Established:1994
Employees:4 full time - 8 part time
Facilities:1950 Square foot Freestanding Building with great long term lease terms
Market Outlook and Competition:Excellent
About the Sale
Management Training and Support:2-4 weeks owner training
Reason For Selling:retirement/health
Seller Financing:Negotiable 25 % down minimum

KEYWORDS: Beer, Pizza, Owner Financing, Italian, Subs, BBQ, Entertainment


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Seller ID:SL 149
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Business Listed By
Karen N. Pettigrew  |  Skylion Enterprises, LLC
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