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

Dickson County, TN

Tableside Service, Salad and Hot Buffet Bars, and Carry-Out

Asking Price:	$120,000
Gross Revenue:	$768,599
FF&E:	$118,750
Established Year:	2019

Cash Flow:	$49,161
Inventory:	$17,500
Real Estate:	$1,757,500

Listing ID: 1957954Listing provided by BizBuySell

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.

DETAILED INFORMATION

Location

Dickson County, TN

Inventory

Not Included in asking price

Real Estate

Owned

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

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, with the business. Residential and commercial growth is evident as seen by nearby farms converting to subdivisions. Two buildings are currently unused and can be leased for additional income.

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.

Growth & Expansion

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.

Financing

Possible

Support & Training

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.

Reason for Selling

Retirement, travel, and spending time with family

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