Catylist ID:
#30805963
PROMINENT RESTAURANT BUSINESS FOR SALE
Business Opportunity
for Sale
| Catylist Listing ID: | 30805963 |
| Property Subtypes: | Food and Beverage |
| Building Size (RSF): | See Agent |
| Sale Price: | $1,300,000 |
| Franchised Business: | Yes |
| Gross Revenue: | $0 (Annual) |
| Cash Flow: | $0 (Annual) |
| Cash Flow Type: | EBITDA |
| Last Updated: | 7/1/2022 |
Overview / Comments
|
Award-winning and popular Family Style Grille Restaurant & Bar (business only) for sale in West Knoxville, TN. Since 2018, significant year over year revenue growth, with 2022 experiencing the same. Restaurant business and all FFE for sale with other franchise areas included with this sales price to build-out. Financials available upon signing NDA |
Additional Details
| Nearest MSA: | Knoxville |
| County: | Knox |
| Industry Segment: | Restaurants |
| Value of Inventory Included ($): | $0 |
| Value of Furniture, Fixtures, and Equipment ($): | $270,000 |
| Real Estate Status: | Leased |
| Value of Real Estate Included ($): | $0 |
| Employee/Labor Description: | Four managers, 23 employees |
| Mgmt/Training Support Description: | Two weeks |
| Growth/Expansion Opportunities: | 2021 Annual Revenue $2,448,473 2022 Projected Annual Revenue $2,643,840 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,325 | 47,386 | 141,056 |
| Median Age: | 44.67 | 40.36 | 35.03 |
| Households: | 2,412 | 21,600 | 58,535 |
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