Turn key landmark restaurant and lounge with 30 year establishment

Asking Price$1,900,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$60,000
Included in asking price
FF&ENot Disclosed

Real Estate$800,000
Not included in asking price
Patio for outdoor dining and smoking area
Bar and lounge
Bar interior
 Kitchen area
Main dining
Main dining area section a
Main dining section b
Pitt
Save1/10

Turn key landmark restaurant and lounge with 30 year establishment


Asking Price$1,900,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$60,000
Included in asking price
FF&ENot Disclosed

Real Estate$800,000
Not included in asking price
Business Description
Award winning, voted in the top 10 of Tennessee this year
Abe's Restaurant & Lounge - Award-Winning Landmark Opportunity

Established in 1995, this prestigious restaurant and lounge represents a once-in-a-generation opportunity to acquire one of Northwest Tennessee's most recognized independent dining establishments. Recently voted among Tennessee's top 10 restaurants, this turnkey operation combines 30 years of established goodwill with exceptional growth potential.

FINANCIAL PERFORMANCE:
Annual Revenue: $1,700,000
Asking Price: $1,900,000 (includes $60,000 inventory)
Real Estate Value: $800,000 (owned by seller)

FACILITY FEATURES:
5,000 square feet of prime commercial space featuring:
- Fully functional commercial kitchen
- Private dining rooms
- Private lounge area
- Outdoor dining space
- Large event hosting capabilities
- Ample parking
- Strategic location on busy 51 Bypass

LOCATION ADVANTAGES:
Prime positioning less than half-mile from I-55 (future I-69 corridor) ensures strong tri-state customer base. Located in business-friendly Dyersburg, offering lower operating costs, excellent quality of life, and proximity to major transportation arteries including access to Mississippi River commerce.

OPERATIONAL STRENGTHS:
- Well-staffed operation that practically runs itself
- Strong reputation for service and quality
- Established employee base
- 30 years of customer loyalty and brand recognition

GROWTH OPPORTUNITIES:
- Catering facility expansion
- Delivery services (Uber Eats integration)
- Digital ordering systems
- Enhanced marketing beyond current word-of-mouth approach
- Special events and private party bookings

SUPPORT:
Seller provides 30-day training period with established staff remaining in place to ensure seamless transition.

IDEAL FOR:
Experienced restaurateurs, chefs, or hospitality entrepreneurs seeking an established operation with proven track record and significant expansion potential in Tennessee's welcoming business environment.

Reason for Sale: Owner retirement after successful 30-year operation.
About the Business
Years in Operation
31
Employees
28 (4 Full-time, 24 Part-time)
Most employees have been with restaurant for 3 to 25 years
Facilities & Assets
30 year established business, 5000 sq ft building with ample paved parking lot, turnkey business. Profitable business with room for expansion. Fully equipped commercial kitchen, bar license with strong local customer base and outstanding reputation. Seats approximately 200. Established staff and operating systems , strong community support and repeat business. Excellent opportunity for continued growth. Ready for new owner to walk into and soar.
Website
https://abesribeyebarn.com
Market Outlook / Competition
Abe‘s is a once in a generation opportunity to own one of Northwest Tennessee’s best known independent restaurants . This opportunity is ideal for an experienced restaurateur, chef or hospitality entrepreneur, looking to leave the high cost of living in states like California or New York and enjoy the advantages of owning a thriving business in a welcoming southern community. Dyersburg offers an exceptional quality of life ,with much lower cost of living ,affordable houses, excellent school system,and a business friendly environment. Step into an established operation with 3 decades of Goodwill instead of starting from scratch. The business is located in a prime location on a busy bypass and less than a half mile from a busy interstate ,the future corridor I 69. We welcome a tri-state customer base on a regular basis , as we are located less than a half mile from interstate I I55 ,the future l 69 corridor , and directly on 51 by pass , just 12 miles from the mighty Mississippi River.
Opportunities for Growth
Growth opportunities include opening a catering facility, Uber eats, and computer ordering. Abe’s is mostly run as a word of mouth operation.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
5,000
About the Sale
Seller Motivation
Owner is ready to retire
Transition Support
Will train for 30 days. Established employees
Listing Info
ID
2525660
Listing Views
Business Location

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Business Listed by: Abe Hawatt

Listing ID: 2525660 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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