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Businesses For Sale > Business For Sale in Sullivan county TN, Tennessee (TN)

Turn key restaurant for lease for sale in Sullivan county TN, TN

Sullivan county TN, Tennessee (TN)

Asking Price: Gross: Cash Flow:
$ 4,900 $ 850,000 $ 160,000

Furniture and Fixtures Value:
$ 150,000 (not included in the asking price)

Real Estate:
$ 550,000 (not included in the asking price)

Business Summary:
Turn key operation for Lease with great good will and intellectual property. Fine dining restaurant and Catering in business for 30 years, in a old Victorian house build in 1800's 125 sitting, 5000 SQF. Front porch and upper deck for outdoor sitting , the house is fully renovated, big commercial kitchen, rent is $4900 a month. private parking lot, 2 block away from down town, established business and good will. Great catering business. $850,000 annual gross. good cash flow. for lease by owner no broker fee.Its a very unique concept it can be franchised. Great Trained staff, fully furnished, turn key.

 

   
Year Business was Established: 1975
   
Number of Employees: 5FT/10PT  
   
Facilities / Terms of Lease: 5 year lease with 5 year option  
   
Potential Growth/Expansion: one of a kind concept in the Nation, it can easily be franchised  
   
Competition: no competetions are in our area when it comes to quality of gourmet food and service.  
   
Owner willing to finance: Owner Consulting  
   
Owner willing to train: Training is available  
   
Reason for selling: Tenant moved  
   
Seller Reference Number: bm1300134466
BusinessMart.com Listing Number: 124444
 

 

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