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Successful Full-Service Specialty Restaurant - AD #: BS26

Will consider: Owner Financing

Specifications

Ad #: BS26
Type: Restaurants
Street Address: Sumner County, TN
City: Sumner County
State/Province: TN
Postal Code: 37075
Country: US
Quick Details: This is a rare opportunity to buy a profitable, niche restaurant in an upscale market with much upside potential. The right owner could come in, make a few improvements, and almost immediately increase revenue. This restaurant is well equipped, well organ
Year Established: 2001
Total Sq Ft: 8900
# of Employees: 25
Real Estate Value: $1,000,000.00
Inventory Value: $5,000.00
Furniture, Fixtures & Equipment Value: $80,000.00
Asking Price $1,300,000.00

General Information
Facilities:
Lake View!  Intimate Bar Area. Fully Equipped Kitchen. 2 Separate Dining Areas Seat A Total of 275 Customers. Nice Paved Parking Lot. 8,900 SF Building Located On 1.3 Acres. Good Condition Inside And Out. Furniture, Fixtures And Equipment: Includes All Kitchen Equipment Including Large Walk-In Cooler, Brand New Beer Cooler, New Sandwich Station, Walk-In Freezer, All New Air Conditioners, Monitored Alarm System And CRS POS System.
Competition: Full Service Restaurant, Located In A Unique Location, Offers Opportunities For Increased Revenue. Currently A Specialty Niche Restaurant With A Diverse Menu. Restaurant Even Draws Customers From Surrounding Areas (Brentwood, Lebanon, Springfield) Due To The Type And Quality Of Food Offered. Restaurant has Very Little Employee Turnover The Average Server Has Been Here 5 Years!  Employees Are Cross-Trained And Versatile.
Growth and Expansion: 2007 Sales: $1.16 Million. In 2007, Liquor Sales Were Approximately 16% Of Gross. Many Opportunities To Increase Revenue. Current Owner Has Done Very Little Advertising. Scenic Location Would Lend Itself To Outside Eating Area. This Is One Of A Very Few Restaurants In The Area With Enough Seating To Accommodate Large Groups.
Support/Training: Seller Has Operated This Restaurant For 7 Years And Will Facilitate A Minimum 30 Day Transition Of The Business. Seller Will Negotiate Additional Training And/Or Participation In Business.
Reason Selling: Owner Is Relocating Out Of State To Be With Family.
Year Established: 2001
Employees: 25

Contact Information
Contact: Ken Lewellyn
Phone: 615-400-2150
Email: kenl@tnbizserv.com

Make Offer Contact Owner
This listing has been viewed 960 times since Dec 3, 2008

Owner Details

Username: kenlew Name: Ken Lewellyn, Broker Phone: (615)400-2150 Email: contact owner

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