Restaurant Family Style Rural TN

Tennessee

Seller Financing Available

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Asking Price:$680,000
Gross Revenue:$1,200,000
FF&E:$198,500
Established Year:2019
Cash Flow:$400,000
Inventory:$35,000
Real Estate:$530,000
BUSINESS DESCRIPTION

Dine In
Carry Out
Catering
Lean Operation
7 full time employees
Front House and Back House Managers
Popular Visitor Area


DETAILED INFORMATION
Location
Tennessee
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
3,194
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The subject improvements on the site have been recently updated (2023) and portions replaced. The building was remodeled on the interior and exterior. The café/restaurant has evolved from a video rental/food business, to a pizza provider, to a full fledge restaurant providing food service in the form of meat and three, pizza, sandwiches, and other local favorites.
Competition
This restaurant has grown astronomically since its inception and 2023 has already surpassed 2022.
Growth & Expansion
While they already do some catering, this is a market area for tremendous growth.
Financing
Possibly a small amount to satisfy SBA if needed
Support & Training
Whatever is reasonably required
Reason for Selling
Retiring - envisioned his son taking the business but the son has begun another
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John Howard
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John Howard