Popular Restaurant with Real Estate

Asking Price$550,000

Cash Flow
$66,403
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,123,236

Inventory$21,479
Included in asking price
FF&E$34,510
Included in asking price
Real Estate$350,000
Included in asking price
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Popular Restaurant with Real Estate


Asking Price$550,000

Cash Flow
$66,403
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,123,236

Inventory$21,479
Included in asking price
FF&E$34,510
Included in asking price
Real Estate$350,000
Included in asking price
Business Description
Real Estate Included in Listing Price
Completely renovated and charming restaurant that continues to win over the community through its wonderful food and staff. The only restaurant in the town square that has the ability to serve both beer and wine. This business has a separate business unit that has a retail section for climbers who visit this area for all the outdoor activities. This business does include the real estate which is a prime location on the main street with an abundance of parking. For additional information please contact Russell Carriere at russell.carriere@fcbb.com or 865-255-4731.

VERY IMPORTANT - PLEASE DO NOT SKIP THIS VIDEO.
Please watch this short video on the buying process with our firm. https://vimeo.com/1105428045/1411834770?ts=0&share=copy
About the Business
Years in Operation
4
Number of Employees
23
Facilities & Assets
This is an owned location of 3,075 square feet. The property is for sale for $350,000, which is included in the Total Asking Price of $550,000. Seller is active with 4FT and 19PT employees. Hours of operation are S-Th - 11am-9PM F-Sat - 11AM - 10PM. $21,479 in inventory and $34,510 in FF&E included in the asking price. $100,000 made in leasehold improvements. Beer & Wine license required.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
3,075
About the Sale
Seller Motivation
Retirement
Transition Support
Two (2) Weeks
Listing Info
ID
2355333
Listing Views
4069

Contact Seller

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Business Listed by: Russell Carriere First Choice Business Brokers - East Tennessee/Nashville

Listing ID: 2355333 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.