Hot Listing

Specialty Restaurant in High Traffic Area of Knoxville

Asking Price$295,000

Cash Flow
$133,421
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,493,284

Inventory$5,000
Included in asking price
FF&E$35,000
Included in asking price
listing imageSave
Hot Listing

Specialty Restaurant in High Traffic Area of Knoxville


Asking Price$295,000

Cash Flow
$133,421
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,493,284

Inventory$5,000
Included in asking price
FF&E$35,000
Included in asking price
Business Description
Well-established, locally owned and operated upscale fast-casual specialty Restaurant, hand-crafted build-out, centrally located in high traffic area of Knoxville, Tennessee.

Known for its commitment to quality and efficiency, this fast-casual independently owned restaurant is priced to sell. Every dish is prepared when ordered from fresh, high-quality ingredients. Guests place orders at the counter and enjoy their meal in a fun, eclectic dining space. The restaurant also offers takeout, delivery, and catering services, expanding its reach beyond in-house dining. Seller is not involved in day-to-day operations and is selling the business to focus on other ventures.

This is a great opportunity to buy an established locally owned and loved restaurant in one of Knoxville’s busiest commercial corridors. With a popular menu, established online ordering and delivery systems, and full staff already in place, this turnkey opportunity is well-positioned for continued success.

The current owner/founder operates in an absentee or semi-absentee capacity, with no involvement in daily operations, while drawing a modest salary. A hands-on owner actively managing the business can streamline staffing, significantly reduce payroll costs, and increase personal earnings, leveraging the restaurant’s established operations to enhance profitability.

Get in touch with Sheila Hansen at Transworld Business Advisors today to request an NDA to learn more about this business.
About the Business
Years in Operation
14
Number of Employees
19
Facilities & Assets
Established by current owner in 2011, handcrafted beautiful build-out. Started business because of their love for this type of widely appealing specialty food. Owner operated for many years, but recently took on another venture and feels the time is right to sell their beloved restaurant at a great price to the right buyer.
Market Outlook / Competition
The restaurant faces limited direct competition in its immediate area, with only a few similar dining options nearby. This favorable competitive landscape positions the business to strengthen its market presence through targeted marketing and menu innovation, capitalizing on its established reputation and prime location.
Opportunities for Growth
The business has significant growth potential through enhanced marketing and operational adjustments. Introducing happy hour specials could boost traffic during slower periods, while extending hours with a streamlined, late-night menu could capture additional customers. Developing and promoting a distinctive fusion concept would further differentiate the restaurant, attracting new patrons and driving revenue.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,200
Rent
Not Disclosed
About the Sale
Seller Motivation
Other Business Obligations
Transition Support
2 weeks
Listing Info
ID
2384722
Listing Views
734

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Sheila Hansen Transworld Business Advisors of Knoxville and Chattanooga

Listing ID: 2384722 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.