Roan Mountain Restaurant

Undisclosed Address, Tennessee
Business Opportunity for Sale
Catylist Listing ID: 30560981
Property Subtypes: Food and Beverage
Building Size (RSF): 1,650 SF
Sale Price: $425,000
Name of Establishment: Bob's Dairyland
Year Business Established: 1970
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash - Conventional
Last Updated: 9/12/2020

Overview / Comments

Legendary Roan Mountain Eatery, Bob’s Dairyland is now available for purchase. Price includes the business, all inventory and real estate. Bob’s Dairyland is located in the heart of the Roan Mountain community geographically and historically. A local and regional favorite, Bob’s Dairyland menu has hundreds of selections, from scratch-made Buttermilk Biscuits, fresh ground beef hamburgers, seafood, and Pork Barbecue. Bob’s Dairyland offers Southern Comfort Food at its finest.

Incredible opportunity to own a well-established and profitable restaurant. The current owner will train and transition for a period of time until the new owner is comfortable with all aspects of the restaurant business. This is an independent restaurant so there are no franchise fees.

Call for a private showing.
P&L Statements for the past 5 years available upon request.

Additional Details

Industry Segment: Restaurants
Reason for Selling: The owner is retiring.
Value of Inventory Included ($): $25,000
Value of Furniture, Fixtures, and Equipment ($): $175,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $250,000
Real Estate Lease Description: Very well maintained all brick building located in the heart of Roan Mountain. Large lot with ample parking. Roof and HVAC unit is in good shape.
Employee/Labor Description: The staff has been well trained. Detailed information available upon request.
Mgmt/Training Support Description: The current owner will train and will transition until new owner is comfortable. Additional information is available.
Competition/Market Description: The restaurant has been in business for over 50 years. Southern Comfort Food at low prices makes this restaurant a favorite in the community.
Growth/Expansion Opportunities: All recipes and concept are included in the sales price. The new owner could easily open another restaurant in another market.
Seller Financing Description: Terms: Conventional or Cash.

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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

Contact

Photograph of Listing Agent

Sam Taylor

Property Experts NETAR CMLS Member
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