Drive Thru Restaurant and Home Package- $60K Cash Flow

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Restaurant- Limited Service and Profitable, Iconic Business and Home Combo Packa
Asking Price:
$375,000

Gross Revenue:
$272,000
Cash Flow:
 Not Disclosed
EBITDA:
$57,854
Inventory:
$2,500
not included in asking price

FF&E:
$25,000
included in asking price

Real Estate:
$245,000
included in asking price

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Business Description

Offered is an iconic long established drive-thru restaurant owned and operated by the same family for over two decades. Ideal opportunity for a person (or couple) seeking a turn-key food service business that has cash flow from first day and comes with a fully remodeled single-family home on the same property to boot. This business is not complicated to operate and is well known in the community where it is located. It has a loyal following who have provided sustained sales over many years.

As is the case with where we are blessed to live, this is a rare chance for a lifestyle change and an opportunity to exit the fast lane of life and enjoy wonderful people, beautiful scenary, and abundant outdoor activities. Don't wait, inquire now.

About the Business

Year Established:
1996
Number of Employees:
2 FT, 3 PT
Real Estate:
Owned
Building Sq. Ft.:
1,941
Facilities:
This is a wonderful opportunity for someone who has a desire to own a manageable restaurant with established clientele and cash flow that comes with a fully remodeled and distinctively updated bungalow style home complete with all new appliances. If you are looking to live in beautiful East Tennessee so you can enjoy the tremendous outdoor activities and great people, you owe it to yourself to one of the first to check out the opportunity.
Market Outlook/
Competition:
Little direct or nearby competition. Location is an icon and well known, so is the excellent food and a real value. This may be an older business but the owner has been smart enough to invest in property and equipment upgrades. Maintains a 100 rating from Health Inspector. More details in the Confidential Business Summary.
Growth & Expansion:
This business can grow just by tweaking the menu and marketing directly to the surrounding home occupants to capture more of the money they spend eating out. Ideas for business more revenue will be in the Confidential Business Summary provided only to those who have qualified by submitting an NDA.
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About the Sale

Reason For Selling:
Retirement.
Training/Support:
Will stay as long as necessary to facilitate a smooth and successful transition. First week is no cost; after that paid.

Listing Info

ID:
1561156
Ad Detail Views:
65

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U.S. Census Data for Carter County, TN
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Carter County, TN
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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