Thriving Restaurant Business - Your Delicious Opportunity Awaits!

Asking Price$115,000

Cash Flow
$37,819
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$281,307

Inventory$2,000
Included in asking price
FF&E$118,908
Included in asking price
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Thriving Restaurant Business - Your Delicious Opportunity Awaits!


Asking Price$115,000

Cash Flow
$37,819
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$281,307

Inventory$2,000
Included in asking price
FF&E$118,908
Included in asking price
Business Description
Business is Thriving and Growing
Are you looking for a unique and well-established restaurant business to invest in? Look no further than this renowned American restaurant located in Tennessee, United States. Boasting a nearly 50-year history, this old-fashioned Southern-style gem has been a beloved fixture in the community since the 1980s.

One of the standout features of this restaurant is its authentic recipes, passed down from the owner's grandmother, that have kept customers coming back time and time again. With a strong brand awareness and a loyal local following, this restaurant presents an exciting opportunity for a new owner to continue its legacy of serving delicious, homemade dishes in a welcoming atmosphere.

Currently open for breakfast and lunch, there is significant potential for growth by extending business hours to include dinner service. The restaurant's furniture, fixtures, and equipment are in great condition, offering a turnkey opportunity for a new owner to step in and start operating with ease.

For those with a flair for marketing, there is untapped potential to further elevate the restaurant's visibility and attract new customers through strategies such as radio and billboard advertising. By implementing these initiatives, the business can reach even greater heights and increase its profitability.

This is your chance to take ownership of a long-standing establishment with a rich history and a loyal customer base. Don't miss out on this rare opportunity to own a piece of Tennessee's dining scene and make your mark in the industry.

For more information on this exciting business opportunity, visit https://www.tworld.com/. Act fast and seize the chance to own and grow this successful American restaurant in Tennessee!
About the Business
Number of Employees
4
Facilities & Assets
This renowned, old fashioned Southern-style restaurant has been in business almost 50 years and was bought by the current owner in the 1980s. It has been routinely updated as needed. Great brand awareness as many locals are familiar with the restaurant. The recipes for the dishes were passed down from the Owner's grandmother.
Opportunities for Growth
Currently open for breakfast and lunch only, but could be opened for dinner as well. Some updating may be desirable but the FF&E is in good shape and ready to be run as is. Additional marketing would be valuable with radio and billboards which are not being currently implemented.
There is no other full-service restaurant providing Southern cuisine in the area. This is a genuine sit down and enjoy the food and ambience of locals opportunity.
Real Estate
Owned or Leased
Leased
Rent
Not Disclosed
About the Sale
Seller Motivation
retirement
Transition Support
2 weeks
Listing Info
ID
2271955
Listing Views
1788

Contact Seller

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Business Listed by: Lauren Wingrove Transworld Business Advisors of Knoxville and Chattanooga

Listing ID: 2271955 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.


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