Popular Restaurant with Real Estate
Southeast TN

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.

 

 Please watch this short video on the buying process with our firm. https://youtu.be/yPwNhCpDUbE

Listing Number:

24174

Category:

Food - Restaurant

Location:

Southeast TN
$550,000

Financial Information:

Gross Revenue:

$1,123,236

Listed Price:

$550,000

Down Payment:

$0

Total Income:

$66,403

Year Established:

2021

Lease Information:

Square Feet:

3075

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$100,000

Equipment / Fixtures:

$34,510

Inventory:

$21,479

Other Assets:

See accompanied Asset Sheet.

Additional Information:

Full-Time Employees:

4

Part-Time Employees:

19

Special Licence Required:

Buyer would want to obtain Beer & Wine License

Contract Staff:

0

Training Period:

Two (2) Weeks

Reason for Selling:

Retirement

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Russell Carriere
Office: (865) 255-4731 | Cell: (865) 255-4731
License #:

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Popular Restaurant with Real Estate
Southeast TN

Listing Number:

24174

Category:

Food - Restaurant

Location:

Southeast TN

Listed Price:

$550,000
brokerPhoto
Russell Carriere
Office: (865) 255-4731 | Cell: (865) 255-4731
License #:

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.

 

 Please watch this short video on the buying process with our firm. https://youtu.be/yPwNhCpDUbE

Financial Information

Gross Revenue:

$1,123,236

Listed Price:

$550,000

Down Payment:

$0

Total Income:

$66,403

Year Established:

2021

Lease Information

Square Feet:

3075

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$100,000

Equipment / Fixtures:

$34,510

Inventory:

$21,479

Other Assets:

See accompanied Asset Sheet.

Additional Information

Full-Time Employees:

4

Part-Time Employees:

19

Special License Required:

Buyer would want to obtain Beer & Wine License

Contract Staff:

0

Training Period:

Two (2) Weeks

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.