Restaurant plus 6 acre developable corner lot & 3 bldgs o/s Nashville

Asking Price$120,000

Cash Flow
$49,161
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$768,599

Inventory$17,500
Not included in asking price
FF&E$118,750
Included in asking price
Real Estate$1,757,500
Not included in asking price
Tableside Service, Salad and Hot Buffet Bars, and Carry-OutSave

Restaurant plus 6 acre developable corner lot & 3 bldgs o/s Nashville


Asking Price$120,000

Cash Flow
$49,161
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$768,599

Inventory$17,500
Not included in asking price
FF&E$118,750
Included in asking price
Real Estate$1,757,500
Not included in asking price
Business Description
Great developable land opportunity and continue to operate a regional, successful favorite restaurant in a bedroom community outside of Nashville, TN that provides a land play and real estate opportunity. Lease the two extra buildings for additional income (not in proforma). People travel throughout Tennessee and Southern Kentucky to enjoy this restaurant's homemade and handmade favorite Southern foods and desserts. It serves breakfast, lunch, and dinner, and some days you may see someone having all three meals there. It has friendly service with the staff knowing many of the customers by their first name and always welcoming families for celebrations, Holidays, and just a good daily meal. It's favored by locals and out-of-towners alike, and has many 5 Star testimonials for its food, service, and family-friendly atmosphere.
About the Business
Years in Operation
6
Employees
15
Facilities & Assets
The restaurant, 6-acre corner property, and 3 freestanding buildings are located on a highly visible lot on a well-traveled state highway connector throughout central middle Tennessee. It is located in one of the many towns outside of Nashville that are quickly becoming bedroom communities for their quality of life and lower housing costs. This property and surrounding land values are expected to continue to appreciate with the population growth and migration. The owners own the property and are selling the real estate, including the three buildings, wit
Market Outlook / Competition
There are few similar food concept offerings available in the community and no other meat and three table service, combined with buffet offerings in the county.
Opportunities for Growth
Currently operating 6 days a week allows for an additional day of revenue. With its recognized name, developing an online gift and food presence is a potential opportunity. The additional surplus property provides the new owner many options for growth including lease income, and holding the land for appreciation while operating the restaurant.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Retirement, travel, and spending time with family
Transition Support
They plan to assist with staff and management retention, menu and recipe introduction, customer and locals introductions, and food preparation. They will also make introductions to their vendors, product ordering and par levels, training on food preparation, and presentation.
Financing Options
Possible
Listing Info
ID
1957954
Listing Views
5390

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Business Listed by: Jim Shaub TN Business Brokers Group, LLC

Listing ID: 1957954 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.