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Restaurant 75 sitter for sale in TN

Tennessee (TN)

Asking Price: Gross: Cash Flow:
$ 55,000 $ 500,000 $ 50,000

Furniture and Fixtures Value:
$ 65,000 (included in the asking price)

Inventory Value:
$ 2,000 (included in the asking price)

Real Estate:
$ 175,000 (not included in the asking price)

Business Summary:
Restaurant opened 2008, $40,000 a month sales, 75 sits, full kitchen, great downtown location with its own private parking, corner building next to farmers market. all new when it opened, renovated agaian in 2009. The $55,000 is the price for the business and equipment/Furniture. $65,000 worth of equipment and furniture. The building can be purchased for aditional $175,000. For sale by owner, no broker fee. Owner is slowing down. Great buy, great location and great business. Rent is $2300 a month and Full price cash offer will get 6 months free rent.contact the owner for more details.

 

   
Year Business was Established: 2008
   
Number of Employees: 5FT/5PT  
   
Facilities / Terms of Lease: Own the building  
   
Potential Growth/Expansion: This concept could be a multi unit operartion  
   
Competition: All fast food or chain around us, no gourmet Bistro in th region  
   
Owner willing to train: 30 days training  
   
Reason for selling: slowing down  
   
Seller Reference Number: bm2065215196
BusinessMart.com Listing Number: 124699
 

 

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