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  • Listing No.: 133-00104

  • Category: Food - Restaurant

Asking Price $79,000
Down Payment $0
Gross Revenue $157,000
Total Adjusted Net Income $29,138
Equipment / Fixtures $30,000
Year Established
General Location Gatlinburg
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Well-established, popular restaurant in the heart of Gatlinburg, TN with reputation of best cuisine in the eastern US for its native region. Enjoy year-round sales in this hot spot from tourists as well as locals! This business has a charming interior buildout and unique atmosphere. All FF&E included. Current owner will train buyer. Do not miss this rare opportunity.

Gross Revenue $157,000 Listed Price $79,000
Total Income $29,138 Down Payment $0
Base Rent $0 Square Feet 800.00
Total Rent $1,789 Lease Expiration 12/2023
Rent Deposit $3,372 Lease Options
Inventory $0 Leasehold Improvements
Equipment / Fixtures $30,000 Other Assets
Full-Time Employees 0.00 Training Period 4 weeks
Part-Time Employees 2.00 Special License Required
Contract Staff 0.00 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.