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burgerfries
burgerfries

Long-Standing Chattanooga Restaurant with Growth Potential

$115,000.00

Description

Listing Number: 2602

This is an opportunity to acquire a well-established American-style restaurant that has been serving the Chattanooga area for more than 30 years. The business has developed a loyal customer base and has maintained consistent year-over-year revenue throughout its history.

The restaurant is known locally for its quality food, dependable service, and welcoming atmosphere. Its long operating history and strong reputation have helped create a steady stream of repeat customers and reliable business performance.

One of the business's most attractive features is its limited owner involvement. Day-to-day operations are largely handled by employees, allowing the current owner to maintain little to no involvement in the restaurant's daily activities. This makes the opportunity well-suited for both hands-on operators and investors seeking a more passive ownership role.

The sale includes a turnkey operation that is ready for a new owner to continue operating immediately. Businesses with this type of longevity, consistent revenue history, and minimal owner involvement rarely become available. Additional information will be provided to qualified buyers upon request.

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Asking Price:

$115,000

Gross Revenue:

$521,553

Adjusted Net Income:

$36,715

  • Asking Price: $115,000
  • Gross Revenue: $521,553
  • Total Adjusted Net Income: $36,715
  • Equipment / Fixtures: $59,792
  • Year Established: 1994
  • General Location: Chattanooga, TN
  • Square Feet: 1,200
  • Total Monthly Rent: $2,075
  • Options to Renew: Y
  • Full-Time Employees: 5
  • Part-Time Employees: 6
  • Training Period: 30 days
  • Reason for Selling: Retiring
Agent Photo

Liam Pinson

For more information on this business contact Liam:

Office: (615) 850-4410
Cell: (423) 260-5578
Email: liam@nashbb.com

Asking  Price: 
$12,000,000

Gross Revenue:
$3,516,767


Adjusted Net Income:
$1,129,606

General Info:

  • Asking Price: $12,000,000
  • Gross Revenue: $3,516,767
  • Total Adjusted Net Income: $1,129,606
  • Equipment / Fixtures: $8,869,836
  • Year Established: 1983
  • General Location: Utah

Property Info:

  • Square Feet: 80 acres, 60X120 and 20x40 shops
  • Real Estate Included $900,000
  • Build Out Cost: $70,000
 

 

 
 

Additional Information:

  • Full-Time Employees: 14
  • Training Period: TBD
  • Reason for Selling: Retirement
 
 

Ryan Walker

For more information on this business contact Ryan:

Office: (615) 850-4410
Cell: (305) 502-2781
Email: ryan@nashbb.com

Looking to Sell?

Nashville Business Brokerage is here to guide you through a seamless and rewarding selling process. Our team of experienced professionals is dedicated to maximizing the value of your business and ensuring a smooth transition. Take the first step toward a successful business sale by scheduling a consultation today.

Contact us now to get started.