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Well Known Local Restaurant
Location: United States -> Tennessee -> Chattanooga
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Longstanding, well known neighborhood restaurant in the Chattanooga market with an excellent location just a stones throw from southbound Interstate 75! The property is perfect for conversion to a very modern, fully equipped convenience store with multi-bay fuel islands. Not only is the I-75 traffic count hard to beat 24/7, the area is saturated with heavy traffic flow all day due to the densely populated residential area.

Plans are already underway to install a traffic light directly in front of the driveway of the establishment. Ingress/egress will be an easy maneuver for those coming from and going back to the interstate, regardless of their direction. Unlike access to the only southbound competitor across the street, a left turn through continually heavy traffic will neither be
necessary, nor desirable!

The building, approximately 10,000 square feet, is only 10 years old, in great shape, and is ideally suited to offer hot foods (or lease to a national brand perhaps Dairy Queen) in what will be a very busy travel stop that meets all needs of passersby.

Pick this one up before your competitor does! It definitely WILL NOT LAST long! Contact broker for a confidential showing.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  2002
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Seller will provide training




Print Listing Id: 700184028
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Tennessee Businesses For Sale > Tennessee Franchises For Sale > Tennessee Business Brokers



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