Restaurant for sale, equipment and inventory only. New owner must negotiate lease with landlord. Current lease month to month at $850 per month. Sale includes all inventory, pots pans, silver ware, ovens, coolers, tables and chairs, fryers, booths, everything to open the business immediately. Sale DOES NOT INCLUDE REAL ESTATE. Inventory and equipment priced at $49,900. Business is located on the square downtown Cleveland, Tn. Cleveland has an MSA of approximately 100,000.
Clevelands downtown area is going through a revitalization adding live/work spaces as well as a new $4MM building remodel into apartments and retail/commercial and professional space. Announced recently is another $7-9MM investment in a former Hosiery Mill building to be converted into 52 apartments in the downtown area as well. The restaurant is located 2 blocks from the south campus of Lee University a 6000 student private school which includes a school of business, school of theology, Nursing school etc.
Currently Cobblestone is a breakfast and lunch menu only. Could convert to dinner as well. Sits directly across from the County Courthouse and is surrounded by law offices, banks small businesses etc. Also several other restaurants, coffee shops and bars. Could keep same concept or add your own brand to the space. Call Jim Metzger with Bender Realty for further information, 423-385-0585, Bender Realty Commercial Real Esate, 423-472-2173.