Thriving - Absentee owned Bar and Grill

Chattanooga, TN

Seller Financing Available

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Asking Price:$475,000
Gross Revenue:$450,000
FF&E:$275,000
Cash Flow:$100,000
Rent:$6,000
Established Year:2019
BUSINESS DESCRIPTION

Prime Acquisition Opportunity - Chattanooga TN!!
Step into a turn-key business that's more than just a bar and grill—it's a local hotspot and a profitable investment. Established in 2019, this highly regarded business boasts a stunning buildout and a unique, eye-catching design that keeps patrons coming back for more.

Why Invest in This Business?
High Visibility & Accessibility: Located in a bustling area of Chattanooga, this location enjoys prime foot traffic from both locals and area visitors, making it an attractive and high-potential business opportunity.
Exquisite Design & Unique Features:
• Contact us for details: A unique design and concept!
• Full Kitchen: Equipped with a 48" hood, offering a diverse menu
Outstanding Online Reviews: Excellent customer feedback and strong online presence reflect the high quality and reputation of the bar and grill.
Versatile Venue: Perfectly equipped to host corporate events and private parties, adding an additional lucrative revenue stream.
Employee Structure: 10 dedicated employees, including 1 salaried position at $37,000 annually, with the rest being hourly staff.


DETAILED INFORMATION
Location
Chattanooga, TN
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,500
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms: • Space: 3,500 sq ft with a monthly rent of $6,000. • Lease Duration: 6 years remaining with two 3-year renewal options, ensuring stability and long-term continuity.
Competition
Investment Highlights 1. Unique Selling Proposition: The unique concept and design are standout features that attract customers and enhance operational efficiency. 2. Strong Financial Performance: Solid profit margins with minimal owner involvement and potential for revenue growth. 3. Prime Location: Dynamic and growing area with high foot traffic, ideal for a thriving taproom.
Growth & Expansion
• Extended Hours: Open for lunch to tap into a new customer base. • Hands-On Management: Increase profitability with an active owner/operator driving operations and customer engagement.
Financing
Negotiable
Support & Training
Negotiable
Reason for Selling
Time constraints with other investments and moving equity
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Brad
Spear
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Brad Spear