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Profitable Casual Dining Restaurant for sale w/ Real Estate in Tennessee

Profitable Casual Dining Restaurant for Sale with Real Estate in Bristol Tennessee.  Open and Operating for Ten Years.  Serving Traditional Breakfast and Lunch Menu.  Currently Open only Six Days a Week for a Total of 42 Hours.  Annual Revenue is $200,000 with Plenty of Owner Earnings for a Full Time Owner Operator.  Owner would consider Selling the Restaurant and Not the Real Estate with Favorable Lease Terms

Open and Operating 10+ years, the owner is ready to retire...and what a great time to take over this profitable casual dining restaurant.  The restaurant  for sale is only open Monday Through Saturday from 7:30 - 1:30 so whether you want to maintain a great work-life balance as a restaurant owner operator or add dinner and Sunday, the choice is yours.  There is so much construction and expansion/growth going on in the area, business should grow double-digits for years to come.  The menu consists of every one's favorites like eggs, bacon, waffles, home-made hash browns, salads, burgers and more.?

Contact your Restaurant Brokers today at We Sell Restaurants to learn how you can be the new owner of this well-known and Iconic landmark diner in Bristol Tennessee.  Owner can provide Books and Records.  Including Owners Salary there is $60,000 in verifiable earnings and more...  

Bristol is a city in Sullivan County, Tennessee which lies directly across the state line between Tennessee and Virginia.  Bristol, recently named the Most Charming Town in America by ShopOnMain.com, is uniquely situated within a day's drive of half the United States' population. Bristol offers an exceptional quality of life, with low cost of living and moderately priced real estate.  Bristol as the "Birthplace of Country Music" It also is the birthplace of Tennessee Ernie Ford.  Bristol is also the site of Bristol Motor Speedway, a NASCAR short track that is one of the best-known motor sports facilities in the country.

The purchase price includes the real estate making this a much easier transaction to finance with less down at closing and a 20-year loan. Note:  The Real Estate is being Marketed on behalf of a licensed real estate agent in the state og Tennessee.  Call today.

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 . 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 Steve Weinbaum at (770) 714-4552

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Listing

  • Listing#: 8966
  • Price: $675000
  • Location: Bristol

Lease Term: N/A

Monthly Rent: $N/A,

Indoor Seating: 50

Inside Sq. Ft: 1800,

Hood System: Yes

Hours Open: 7:30 a.m. - 1:30 p.m.

# of Part-Time Employees: 2

# of Full-Time Employees: 4

Net Sales: $200858.00

Owner Benefit: $59585

Features

  • Iconic Bristol Tennessee Diner Includes Real Estate
  • Verifiable Books and Records Show $60,000 in Owner Earnings
  • Only Open 42 Hours Per Week, 6 Days of 7 Hours Each Day
  • Tons of Growth and Expansion is the Area
  • Open and Operating 10+ years
  • Seats 50
  • Restaurant for Sale
Profitable Casual Dining Restaurant for sale w/ Real Estate in Tennessee

STEP ONE TO

OWNERSHIP

ACKNOWLEDGE
CONFIDENTIALITY

For Additional photos, financial information and equipment list

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