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Businesses For Sale   >>   Tennessee Businesses For Sale Categories   >>   

104 Year Old Restaurant For Sale

Location  Tennessee,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $700000
Net Profit / Cash Flow  $700000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1900
Number of Employees  10 - 19
Inventory  300000
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Reason for Sale  Owner retiring
Description  This is a very profitable downtown restaurant that has been in business for 104 years with only 5 owners. The owner is retiring. The building is in excellent condition having been completely remodeled 13 years ago. This restaurant is near banks, courthouse, retail, law offices and several government buildings. Current owner has run this business for 20 years. The sale price is including the two story building and equipment.
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