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$160,000 in Earnings on this Full-Service Tennessee Restaurant for Sale

Priced to Sell!  The Owner Operator of this Tennessee Restaurant for Sale in a popular Golf Course brought in an impressive $160,000 in 2020.  Sales were $722,000 and 2021 is on track to do even more!  Under-Priced at just 1.5 times earnings, SBA lending is available with as little as  25% down for this fully-equipped, turn-key opportunity.  

Great price on this Tennessee Restaurant for Sale.  Relocation is the only reason this seller is willing to let go of such a profitable business for this price!  $160,000 in earnings on $722,000 in sales for 2020 with 2021 on track for even more.  This full-service restaurant offers up great menu items to golfers and the general public.  

SBA lending for this Tennessee Restaurant for Sale is available to qualified buyers with as little as 25% down.  We Sell Restaurants has lending resources we can put you in contact with that will have you approved for lending in days, not weeks!  Priced at just 1.5 times earnings, lenders will WANT to do this deal!
 
According to a recent report, Tennessee has more people moving into it than any other state in the country.   No income taxes are just one of the reasons Tennessee is a hot spot for newcomers, you read that right - Tennessee Residents pay NO income tax!  That's just one of many reasons why this Tennessee Restaurant for Sale is a great opportunity for someone looking to come in and operate their own profitable restaurant.  

Perfect location, situated between Nashville and Chattanooga this Tennessee Restaurant for Sale is housed in a 2,720 square foot space with an additional 1420 square foot patio.  Seating for 70 inside and 100 outside gives the guests the perfect view for viewing the beautiful sunsets.  Remote screens and glass garage doors make this patio usable for dining in the winter months.  Lease rate is an incredible 4% of gross sales and includes all CAMs, which is lower than any strip center rates around.  Five-year lease with one additional five-year option will have you set.  

This Tennessee Restaurant for Sale has been voted the #1 Restaurant in the Area for five years in a row, and boasts 15 years of operations with positive sales growth and profitability.  Click to acknowledge confidentiality and be on your way to owning your own profitable restaurant.  For certain listings a proof of funds requirement in the amount of 20% will be required before financials, name, and address of the restaurant is released.  

This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.

Please click on the tab below to easily acknowledge confidentiality on this Restaurant 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 Tabby Hemphill at (828) 803-9965

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 8474
  • Price: $240000

Lease Term: Expires 2026

Monthly Rent: $6000,

Indoor Seating: 70

Inside Sq. Ft: 2720 ,

Hood System: Yes

Hours Open: Tues - Sat 11-9

# of Part-Time Employees: 10

# of Full-Time Employees: 13

Net Sales: $722533.00

Owner Benefit: $160066

Features

  • Restaurant located in Popular Golf Course Open to Public and Members
  • Great outdoor patio space that can be utilized during winter months as well
  • Impressive Owner Benefits and Sales
  • New Owner Operator could increase days open and to increase revenue
  • Fully Equipped and turn-key location comes with everything needed.
  • Priced to Sell and SBA Financing Available
  • Restaurant for Sale
$160,000 in Earnings on this Full-Service Tennessee Restaurant for Sale

STEP ONE TO

OWNERSHIP

ACKNOWLEDGE
CONFIDENTIALITY

For Additional photos, financial information and equipment list

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