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Small Restaurant For Sale In The Smoky Mountains
Location: United States -> Tennessee -> Sevierville
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Motivated sellers! Only $79,999. Come live and work in the beautiful Smoky Mountains. Small quaint restaurant nestled in the eastern Smoky Mountains in Sevierville, TN with the primary customer base derived from the local residents and businesses.

Indoor seating for 16, and outdoor seating for 35+. Less than 6 miles from the main tourist strip. Restaurant started 10+ years ago and already has an existing customer base. Current hours Monday thru Saturday 11a-9p. This has several growth opportunities such as catering, expanding to breakfast hours, Sunday operating hours and numerous local marketing with local businesses and groups for lunch/dinners.

Current sales rate of $200,000+ annually. With 15-18% NOP. We currently operated the restaurant with 3-8 employees, depending on the season. All the necessary owned and leased equipment is in place and 100% operational for immediate turnkey transition to the new owners. Real estate is leased for a VERY low monthly rent plus lower sales tax rate by not being on the main strip in town. Property comes with 1+ acre with plenty of room for expansion.

Emeritus Owner/Operator training available for as little or as much needed for transition. Unfortunately our personal circumstances have changed and cannot devote the time and attention needed to effectively run a small business. We absolutely loved working for ourselves, creating our own menu delicacies, and fostering relationships with the locals. Serious inquiries only, call Bill Morrissey @ (865) 685-5069.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $200,000
Cash Flow:   $48,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $40,000
Seller Financing:  No

About The Business

Year Established:  2006
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Life circumstance change

Photos

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Small Restaurant For Sale In The Smoky Mountains Photo 1 Small Restaurant For Sale In The Smoky Mountains Photo 2 Small Restaurant For Sale In The Smoky Mountains Photo 3




Print Listing Id: 700270940
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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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