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

Well Known Restaurant

Location  Tennessee,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2002
Number of Employees  4 - 5
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  Seller will provide training
Reason for Sale  Retirement
Description  Longstanding, well known neighborhood restaurant in the Chattanooga market with an excellent location very close to a busy Interstate exit! The property is perfect for conversion to a very modern, fully equipped convenience store with multi-bay fuel islands. Not only is the Interstate traffic count hard to beat 24/7, the area is saturated with heavy traffic flow all day due to the densely populated residential area. Plans are already underway to install a traffic light directly in front of the driveway of the establishment. Ingress/egress will be an easy maneuver for those coming from and going back to the interstate, regardless of their direction. Unlike access to the only southbound competitor across the street, a left turn through continually heavy traffic will neither be necessary, nor desirable! The building, approximately 10,000 square feet, is only 10 years old, in great shape, and is ideally suited to offer hot foods (or lease to a national brand perhaps Dairy Queen) in what will be a very busy travel stop that meets all needs of passersby. Pick this one up before your competitor does! It definitely WILL NOT LAST long! Contact broker for a confidential showing.
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