Family Friendly Waterfront Restaurant in Super Hot Nash Suburb!!

Tennessee

Seller Financing Available

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Asking Price:$1,250,000
Gross Revenue:$2,000,000
FF&E:$250,000
Cash Flow:$400,000
Rent:$4,800/Month
Established Year:2019
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!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


DETAILED INFORMATION
Location
Tennessee
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,100
Lease Expiration
31/05/2029
Employees
24
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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
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
Growth & Expansion
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'
Financing
Only if strict conditions are met
Support & Training
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.
Reason for Selling
Partners moving onto their next 5-yr buildup venture
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Tom
Nilsen
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Tom Nilsen