Popular Restaurant for sale

Tennessee
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Asking Price:$350,000
Gross Revenue:$750,000
Rent:$1,350/Month
Established Year:2013
Cash Flow:$100,000
Inventory:$8,000
FF&E:$250,000
BUSINESS DESCRIPTION

Reduced! A well-established, popular restaurant for sale located on a busy 4-lane highway. A full bar offers a wide variety of beers and cocktails. This business also offers entertainment opportunities. Rent is a very reasonable. This turnkey opportunity is a local destination sure to sell fast!
Growth opportunities exist by opening 7 days and raising the very low menu pricing. This asset sale comes with everything including employees, social media, and liquor license.


DETAILED INFORMATION
Location
Tennessee
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
21/01/2027
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Complete menu restaurant, full bar, stage buildout with PA system. 2 walk in coolers grill, smoker, oven, prep tables,, all equipment necessary to make pizzas. Great venue to make money day 1.
Competition
Normal restaurant competition but nothing that offers what we do.
Growth & Expansion
Currently closes on Mondays so that could be added to increase business. The menu prices are currently low so an increase would be possible.
Support & Training
Willing to support the buyers through the transition period.
Reason for Selling
Retirement
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Jim Biehler
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Jim Biehler