Listing Number: 5182-212373
Description
Perfectly situated at a bustling downtown intersection in the heart of a Southern city, this restaurant is housed in a historic landmark building. It boasts a modern front with floor-to-ceiling windows, contemporary decor, a charming outdoor dining patio, and a well-stocked bar. A famous celebrity restaurant makeover chef chose this restaurant several years ago to revamp the menu and give it the ambiance it currently enjoys. Surrounded by art galleries, upscale apartments, renowned hotels, a convention center, and prominent corporate offices, the restaurant enjoys a prime location near two major highways and popular tourist spots, making it a trendy hotspot.
With an almost 20-year history at this address, the restaurant is open for lunch and dinner from Tuesday to Saturday, presenting a HUGE opportunity to expand business hours to include a Sunday brunch. The spacious patio area can accommodate live performances on weekends. The sale includes goodwill, the transfer of the liquor license, exclusive recipes, (including those provided by the celebrity makeover chef) furniture, fixtures, equipment, and leasehold value and improvements.
Listing Details
- Price: $300,000
- Down Payment: $300,000
- Sellers Discretionary Earnings: $87,758
- Total Sales: $384,354
- Location: Hamilton County, Tennessee
- Inventory: $3,500
- FF&E: $130,725
- Employees: 7
- Reason for Selling: Pursuing other business opportunities.
- Category: Restaurants
