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51% Control of Knoxville 2-Unit Sports Bar& Wings Platform $2M+Revenue
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ESTABLISHED KNOXVILLE SPORTS BAR & WINGS PLATFORM - 51% CONTROLLING INTEREST
Acquire majority control of a proven two-location sports bar and wings operation in Knoxville, TN with an established track record of $2M+ annual revenue. This asset sale opportunity offers immediate entry into the competitive restaurant market without the typical startup risks and capital requirements.
BUSINESS OVERVIEW:
Established in 2006, this multi-unit platform features two operational locations with complete infrastructure already in place. The business has demonstrated its revenue potential but requires strong on-site leadership to restore performance to historical levels.
KEY ADVANTAGES:
• Proven $2M+ revenue platform with real operating history
• Two fully operational locations with established infrastructure
• Significantly lower investment than building comparable restaurants from scratch (estimated $1.2M+ for similar new construction)
• Established brand presence in the Knoxville market
• Performance-based ownership structure with clear upside potential
• Functioning kitchen equipment, dining areas, and operational systems
OPPORTUNITY PROFILE:
The business has underperformed recently due to inconsistent owner leadership and operational oversight. This creates a value opportunity for experienced restaurant operators who can implement strong management systems, restore accountability, and drive sales execution.
IDEAL BUYER:
• Experienced restaurant owner-operators
• High-performing general managers ready for ownership
• Multi-unit restaurant leaders
• Hospitality groups seeking Knoxville market expansion
• Operators skilled in labor management, cost control, and guest experience
FINANCING & SUPPORT:
Seller financing may be available for qualified buyers. Comprehensive transition support included covering operational handoff, vendor relationships, and business background to ensure smooth ownership transfer.
This represents a rare opportunity to acquire controlling interest in an established multi-unit restaurant platform at a fraction of new development costs, positioned for immediate value creation under active leadership.
Acquire majority control of a proven two-location sports bar and wings operation in Knoxville, TN with an established track record of $2M+ annual revenue. This asset sale opportunity offers immediate entry into the competitive restaurant market without the typical startup risks and capital requirements.
BUSINESS OVERVIEW:
Established in 2006, this multi-unit platform features two operational locations with complete infrastructure already in place. The business has demonstrated its revenue potential but requires strong on-site leadership to restore performance to historical levels.
KEY ADVANTAGES:
• Proven $2M+ revenue platform with real operating history
• Two fully operational locations with established infrastructure
• Significantly lower investment than building comparable restaurants from scratch (estimated $1.2M+ for similar new construction)
• Established brand presence in the Knoxville market
• Performance-based ownership structure with clear upside potential
• Functioning kitchen equipment, dining areas, and operational systems
OPPORTUNITY PROFILE:
The business has underperformed recently due to inconsistent owner leadership and operational oversight. This creates a value opportunity for experienced restaurant operators who can implement strong management systems, restore accountability, and drive sales execution.
IDEAL BUYER:
• Experienced restaurant owner-operators
• High-performing general managers ready for ownership
• Multi-unit restaurant leaders
• Hospitality groups seeking Knoxville market expansion
• Operators skilled in labor management, cost control, and guest experience
FINANCING & SUPPORT:
Seller financing may be available for qualified buyers. Comprehensive transition support included covering operational handoff, vendor relationships, and business background to ensure smooth ownership transfer.
This represents a rare opportunity to acquire controlling interest in an established multi-unit restaurant platform at a fraction of new development costs, positioned for immediate value creation under active leadership.
Detailed Information
- Years in Operation
- 20
- Facilities & Assets
- FINANCIAL HIGHLIGHTS
Historical Combined Revenue
Year Revenue
2022 $2,206,630
2023 $2,105,733
2024 $2,003,851
2025 $1,492,625
This business has already proven it can perform as a $2M+ platform. The decline reflects leadership gap more than concept failure, which is exactly why this is a strong operator opportunity.
Two active restaurant locations in the Knoxville market with existing infrastructure already in place. Both units are operational and include restaurant buildout, FF&E, kitchen systems, and front-of-house setup needed to continue operations without starting from zero. This offers a qualified operator immediate market entry with less time, capital, and startup risk than a ground-up launch. Main upside is operational execution through stronger day-to-day leadership, labor productivity, food and bar cost control, guest experience, local store marketing, repeat traffic, team accountability, and takeout/delivery optimization.
About the Sale
- Transition Support
- Ownership is prepared to provide reasonable transition support to help the incoming majority partner take over effectively. This includes operational handoff, business background, vendor context, and general transition support needed to keep momentum during the ownership change.
The goal is a clean transition that allows the new controlling partner to move quickly, stabilize the business, and implement stronger operating systems. - Seller Motivation
- Lack of consistent owner on-site leadership impacted performance at both units.
- Financing
- Seller financing may be available for highly qualified buyers only.
Listing Info
- ID
- 2479616
- Listing Views
- 631
Listing ID: 2479616 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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