Excellent BBQ Restaurant and Prime Commercial Property For Sale

Undisclosed Address, Tennessee
Business Opportunity for Sale
Catylist Listing ID: 30290127
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $998,000
Gross Revenue: $0 (Annual)
Cash Flow: $200,000 (Annual)
Last Updated: 11/17/2018

Overview / Comments

A well established, profitable BBQ restaurant for more than 27 years, which is nestled in the beautiful Smoky Mountains is now available for purchase. These opportunities come up on rare occasions. The owner takes great pride in the business. Real estate and all Inventory, Furniture, Fixtures, & Equipment are included in the asking price. Highly recognizable restaurant located 45 minutes from Kingsport and Johnson City, 45 minutes from Gatlinburg and 1 hour from Knoxville. Nearby, is a college, hospitals, municipalities and corporate business headquarters.
The Property is located on a well traveled road with approximately 20,000-30,000 cars per day. The owner has enjoyed a great living and is selling in order to slow down. This concept could be expanded or even franchised with its excellent systems and procedures already in place. A very unique opportunity to own your own business/real estate.

More information available upon Non-Disclosure Agreement.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Retiring
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $1,000,000

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,238 4,952
Median Age: 40.69 37.61
Households: 831 1,777

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