Operate$2M+Multi-Unit Sports Bar–Knoxville–$250K+Income-Path2Ownership

Asking Price: $50,000

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Operate$2M+Multi-Unit Sports Bar–Knoxville–$250K+Income-Path2Ownership


Asking Price: $50,000

Asset Sale Description
An established multi-unit sports bar concept in the Knoxville market is seeking a qualified operating partner to take over day-to-day operations for two restaurant locations.

The concept historically generated over $2M in combined annual revenue across two locations in the region.

Both restaurants remain fully equipped and operational but experienced recent performance decline primarily due to absentee ownership and lack of consistent on-site leadership after the owners were unable to relocate to Knoxville.

This opportunity is ideal for an experienced restaurant operator who can restore operational leadership and drive revenue back toward historical levels.
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
The concept has demonstrated the ability to operate as a $2M+ annual revenue platform.

Operator Income Potential

At approximately $2M combined revenue, estimated operator economics could resemble:

Metric Amount
Revenue $2,000,000
Operating Costs ~$1,720,000

Estimated operator net income:

$250K – $300K annually

This represents significantly higher income potential compared with typical restaurant GM compensation.
About the Sale
Transition Support
Deal Structure:
Operator lease with ownership upside. Ramp: $7K (0% royalty) first 3 months, $10K + 4% months 4–12, then $14K + 5% starting 13th month. Entry capital ~$150K–$200K (deposit, $50K bond, inventory, working capital). Earn up to 20% equity at $2.5M revenue. Ideal operator: hands-on GM or multi-unit leader with $500K+ net worth ready to scale
Seller Motivation
The owners were unable to relocate to Knoxville to provide full-time operational
Listing Info
ID
2479616
Listing Views
32

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Business Listed by: Srikanth Vuyyuru

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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