Family Friendly Waterfront Restaurant in Super Hot Nash Suburb!!

Asking Price$999,000

Cash Flow
$400,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,000,000

InventoryNot Disclosed

FF&E$250,000
Included in asking price
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Family Friendly Waterfront Restaurant in Super Hot Nash Suburb!!


Asking Price$999,000

Cash Flow
$400,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,000,000

InventoryNot Disclosed

FF&E$250,000
Included in asking price

Seller Financing Available
Business Description
***We're keeping this one ULTRA confidential until NDA agreed to first***
(just click the contact button>>>>>)

HIGHLIGHTS:
* Rare waterfront AAA location-as they say..."location, location, location!!
* $2 Million Gross Sales can be raised to $3Million easily (see details below)
* $400K Net Profits can go to $600K easily (see details below)
* Huge loyal customer following (locals & tourists)
* Waitlist most every night...Reservations encouraged and growing fast!
* 5-star reviews by the 1000s all over social media
* "Destination" for American favorites, in a cozy space, w/unique daily specials, including cocktails :)
* Comfortable Seating for 78 happy customers
* Huge dedicated parking w/easy entry & exit
* Unbelievable low rent!!!! Best transferrable lease we've ever seen!
* $4800/mo for self standing building on the waterfront in high-end suburb of NashVegas!!! CRAZY!!!
* Complete Management Team (career-minded) & staff loves working here :)
* Staff of 24 is like a family, w/many having grown up here :) Real community feel here that's unique!
* Catering opportunities are nearly unlimited here...and owners are making that happen!
* 99% absentee-owner operation (partners are restaurant experts who built this gem to perfection)
* Featured in Southern Living Magazine, Tennessee Crossroads
* Awards galore in this prominent county

MOVE FAST. Click the contact button now to receive NDA followed by details. WON'T LAST!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
About the Business
Years in Operation
6
Employees
24
Facilities & Assets
Rare waterfront AAA location-as they say..."location, location, location!!
Best Lease Deal in Town...locked for next two years...small % increase in your 3rd and 4th yrs :)
Well crafted cozy space, w/amazing decor
Fully loaded kitchen with many new pieces of equipment under transferrable warranties
New roof...no surprises :)
Comfortable Seating for 88
Dedicated parking w/easy entry & exit
Market Outlook / Competition
Restaurant choices are out there...but this place has BIG DIFFERENTIATORS:
> Best Food & Specialty Drinks for miles around!
> Best Location for miles around!
> Best place to see friends in the community (very social happy place)
> Best outdoor waterfront and greenway views
Opportunities for Growth
1. Expand Open Hours (to meet demand):
This business is doing these huge numbers despite being closed 103 days every year.
> Add Sundays (especially Sunday Brunch after church)
> Add hours beyond 9pm close on weekends
> Add Mondays (think Monday Night Football, etc)
> Add Holiday Hours for Cheer -currently closed all long holiday weekends (when people are off work)
2. Expand catering / All Cash payments :)))))
3. Expand delivery & pick-up options
4. Private parties when closed!!!

The Sky's the limit" in this community - leverage all the 'Good Will'
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,100
Rent
$4,800.00 per month
Lease Expiration
5/31/2029
About the Sale
Seller Motivation
Partners moving onto their next 5-yr buildup venture
Transition Support
Partners will ensure new owners enjoy a smooth transition, covering everything needed. They created this masterpiece on the water...and clearly want to see their baby grow & thrive!!!
Note: This business runs itself. But new owners can/should implement growth drivers for 50% raise in sales.
Financing Options
Only if strict conditions are met
Listing Info
ID
2313793
Listing Views
1431

Contact Seller

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Business Listed by: Tom Nilsen TNT Business Brokers/"We Sell" Team

Listing ID: 2313793 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.