Restaurant / Lounge
Location:
United States
->
Tennessee
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Newport
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
We own the Real Estate and it could be purchased as well. Nice expensive Commerical Lot 1.77 acres right off of Exit 432B In Beautiful East Tennessee. This ad is we are trying to sell the business with all equipment and lease the property to the Owners. Terms are all negoiable. Please email me for any questions or call. Due to health business is only open Wed Thru Sat 6pm to 3am. When open more hours and day of course business was much better. Due to health unable to open any more. Great Business, mixed crowd and you will be making money from day one. Established for 8 years success record. Asking price is $350,000.00 and rent asking price is $4,000.00 per month plus property taxes and insurance. Contact for more information on this Restaurant / Lounge for sale.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$400,000
Cash Flow:
$100,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $190,000
Seller Financing: No
About The Business
Year Established: 2000
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Lease
About The Sale
Management Training and Support: Will train as needed.
Reason For Selling: Health issues unexpected now have other interest.
Photos
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Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70075708
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