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  • Listing No.: 133-00046

  • Category: Food - Restaurant

Asking Price $59,000
Down Payment $59,000
Gross Revenue $343,534
Total Adjusted Net Income $80,701
Equipment/Fixtures $200,000
Year Established 2003
General Location
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Profitable restaurant on major thoroughfare in desirable North Shore, Chattanooga. Turn-key businesses in such good locations do not come on the market very often! This beautiful build out that has amazing online reviews and a large following. Walk-in coolers, taps, hood, oven etc. Lots of great clean working equipment. Do not miss this opportunity to own a restaurant in Chattanooga's crown jewel location. Priced to sell, inventory and $200,000 in FF&E are included. Owner is ready to retire and will stay on to train and transition new owner.

Gross Revenue $343,534 Listed Price $59,000
Total Income $80,701 Down Payment $59,000
Base Rent $0 Square Feet 2500
Total Rent $3,636 Lease Expiration
Rent Deposit $0 Lease Options
Inventory Not Included Leasehold Improvements
Equipment/ Fixtures $200,000 Other Assets
Full-Time Employees 0 Training Period 4 Weeks
Part-Time Employees 0 Special License Required Beer and Liquor
Contract Staff 0 Reason for Selling Retiring

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.