Huge Lakefront Restaurant & Unreal Bonus Thrown In!
Business Description
Rare opportunity to own one of the five marina restaurants on Central Tennessee's largest recreational lake and Jet Boat is included in the sale! In 2023 this restaurant got a million dollar facelift that included a beautiful 120 cap dining room complete with custom elevated booths, a fireplace and cocktail bar with openable windows facing the lake. The upgrades included brand new plumbing and electrical throughout the lease space. The property also features banquet rooms for up to 120 guests and a covered outdoor patio with a 90ft horseshoe long bar with boat walk-up service on one side. There is a fully equipped main kitchen and a secondary pizza kitchen, two server alleys, four restrooms, two walk-in refrigerators and dual-source, 8-handle draft beer towers located at the bars both indoors and outdoor. The sale is an asset sale but the concept including all intellectual property is included if wanted. Full training is also included with sale if needed. The current owner is relocating with his family to another state. The landlord continues to invest into incredible upgrades like the parking lots, over twenty guest boat slips, a new custom pool for the slip owners and campground guests and a clubhouse. Lease assignment or a new lease is available if wanted. The BONUS in this sale is a 2011 24ft Sea Doo 230SE Jet Boat (400hrs) viewable in the pictures. You're getting the jet boat (top speed 63mph!), the boat lift you see in the picture, the right to the dock lease and the boat's trailer! Perfect to custom wrap or decal with your business' branding and a traveling billboard for your lakefront restaurant reaching your immediate demographic, this lake's residents and boating community!
About the Business
- Years in Operation
- 2
- Employees
- 18 (2 Full-time, 16 Part-time)
- Facilities & Assets
- Waterfront, free-standing 8,439sqft restaurant including a huge outdoor patio with banquet rooms, two fully-plumbed cocktail bars, two indoor dining rooms with seating indoors of 200+ and 170 outdoors. A 90ft outdoor cocktail bar with boat walk-up service on one side. Very large parking lots on three sides. 20+ guest boat slips, live entertainment stage with lighting. Two kitchens including a double deck pizza oven, Alto Shams, full cook line with all equipment purchased in 2023. Beautiful decor. Fireplace, completely rebuild space. Four restrooms
- Market Outlook / Competition
- There are only five restaurant/bars on the largest recreational lake in Tennessee and you now have a very rare opportunity to be one of these lucky five! All five restaurant/bars are spread out quite far from one another so there is great comradery and zero competition between us. The peak season is obviously summer but the banquet season of Fall, Winter & Spring are also fantastic. We are open year round.
- Opportunities for Growth
- This particular marina was recently purchased by fantastic owners who have completely invested into upgrading all of the facilities including the construction of a new custom pool and clubhouse for the boat slip owners and campground guests. All new docks, guest slips and parking lots with plenty more exciting features coming. The landlord is comfortable with signing a brand new lease as well as the existing lease assignment as there are advantages in both possibilities. The Liquor license, intellectual property and Federal Trademark are included.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 8,439
- Rent
- $10,000.00 per month
- Lease Expiration
- 4/1/2033
About the Sale
- Seller Motivation
- My family has decided to move out of state. That is why I am including our fresh
- Transition Support
- I am under no strict timeline to leave the state at the moment so I am available to train anyone as I have also been a restaurant consultant for 17 years and can teach as well as train. This is an asset sale that will include the intellectual property if it is wanted. I will also train you to operate the INCLUDED 2011 Sea Doo 230SE with dual Rotax 215hp jet engines!
- Financing Options
- 50% Down, Balance financed at 7% over 2 years paid Monthly or Quarterly
Listing Info
- ID
- 2406075
- Listing Views
- 281
Listing ID: 2406075 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.