Profitable Lounge and Cafe for Sale Right Next to University of TN!

Located right next door to the University of Tennessee, this Lounge Cafe for Sale is Generating Sales close to $180,000 and is sending the current owner home with earnings of almost $80,000.                                                                                                                                                                                                                                        
Located right off an interstate and also sits within walking distance to the University of Tennessee! That’s right! The targeted demographic for this type of business is within a two-minute walk! With almost 30,000 students that regularly attend the University of Tennessee, you have a built-in customer base that will go crazy over all of the different flavors and experience of the lounge cafe for sale. Easily triple the current earnings when you take advantage of endless marketing opportunities that surround this favorite college past-time. 
 
Though being practically on campus gives you the best advantage for your target demographic, the neighboring businesses and shops also contribute immensely to the amount of marketing that is available to you. Within a 3-mile radius, there are over several hotels, multiple university-affiliated and non-university affiliated apartment complexes, a major hospital, quite a few sports complexes, parks, and shopping plazas. You really have it all, being at the epicenter of the sprawling campus that houses different disciplines (law, music, medical, etc) on every side of this cafe for sale!
 
We Sell Restaurants has brought you the best in terms of location, but the advantages don’t stop there. Monthly rent for this incredible cafe for sale is only $2,759 a month! With CAMS, insurance and taxes included, that is well below the market value for being featured on campus. The beautifully built 1,950 of square feet features University of Tennessee light fixtures, comfortable lounges, coffee tables, and a full bar. Though the location does not have a bar, you can still enhance the menu and drink options to open the possibilities for more business

If you are looking for a business that you don’t have to sink all of your capital into all at once, this is the one! The Restaurant Brokers have the most lending resources and can get YOU approved in just weeks, not months. We Sell Restaurants will be with you every step of the way as you take over this open and operating Cafe for Sale and realize what an amazing opportunity this is! 

Please click on the tab below to easily acknowledge confidentiality on this Cafe for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Eric Gagnon at (404) 800-6700

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Listing

  • Listing#: 6717
  • Price: $79000
  • Location: Knoxville
Lease Term: Expires May 2022 with
Monthly Rent: $2759
Indoor Seating: 100
Inside Sq. Ft: 1950
Hood System: no
Neighboring Businesses: The University of Tennessee, Major Hospital, Multiple Hotels, Sports Complexes, Medical plazas, several office plazas/office buildings
Hours Open: Sun-Wed: 5pm to 1am. Thur: 5pm to 2am Fri&Sat
# of Part-Time Employees: 3
# of Full-Time Employees: 2
Net Sales: $178636.00
Owner Benefit: $77506

Features

  • Unique Opportunity to Own one of the Chillest Places in a College Town!
  • Lounge Cafe for Sale Generates Earnings Over $180,000
  • Literally across the street from the University of Tennessee
  • Surrounded by student housing, multiple neighborhoods, sports complexes and more
  • Right down the road from a major hospital
  • Your target demographic lives literally in your backyard!
  • SBA lending is available for those who qualify!
  • Let We Sell Restaurants help secure your future
  • Turn the What Ifs into Realities
  • Cafe for Sale