Restaurant, Great Location with Excellent Reputation!

Business Opportunity for Sale
Catylist Listing ID: 30335782
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $775,000
Gross Revenue: $850,000 (Annual)
Cash Flow: $175,000 (Annual)
Relocatable Business: Yes
Last Updated: 9/16/2019

Overview / Comments

A well established, profitable restaurant, which is located in the desired Tri-Cities, TN region. Rare opportunity to purchase a refined business with excellent systems and procedures in place. Real estate and all Inventory, Furniture, Fixtures, & Equipment are included in the asking price. Highly recognizable restaurant located 15 minutes from Kingsport and Johnson City, and 1 hour from Asheville.
The owner has enjoyed a great living and is selling in order to slow down. This concept could be expanded or even franchised

More information available upon Non-Disclosure Agreement.

Additional Details

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

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,953 111,503 232,280
Median Age: 32.55 31.16 34.32
Households: 5,590 43,528 95,923


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