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Nashville, TN

  • Listing No.: 133-00093

  • Category: Food - Restaurant

Asking Price $159,000
Down Payment $0
Gross Revenue $1,153,273
Total Adjusted Net Income $83,532
Equipment/Fixtures $60,000
Year Established 2002
General Location Nashville, TN
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Busy, well-known restaurant for sale due to owners retiring.  This is a turn-key operation with stable revenue and profits for many years.  Great location with ample parking and high visibility.  Very clean financials.  SBA pre-approved for a qualified buyer.  Great lease with a 5 years left.  Priced under market value to sell quickly.

Gross Revenue $1,153,273 Listed Price $159,000
Total Income $83,532 Down Payment $0
Base Rent $3,488 Square Feet 2600
Total Rent $3,923 Lease Expiration 8/2024
Rent Deposit $0 Lease Options
Inventory Not Included Leasehold Improvements $134,000
Equipment/ Fixtures $60,000 Other Assets
Full-Time Employees 0 Training Period 2-4 Weeks
Part-Time Employees 0 Special License Required
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.