Popular and Profitable Metro Area Bar

Listing Number: 5182-705562

Listing Details

Popular and Profitable Metro Area Bar
Price: $650,000
Location: Knox County, Tennessee
  • Down Payment: $600,000
  • Sales: $744,979
  • Seller's Discretionary Earnings: $267,392
  • Inventory: $13,000
  • Furniture, Fixtures, and Equipment: $182,000
  • Rent: $6,000
  • Employees: 5
  • Year Established: 2017
  • Reason for Selling: Other Interests

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For More Information About This Listing
Lauren Wingrove
Listing Agent: Doug Kose
License #

Business Description

This is a rare opportunity to acquire a successful bar located in a thriving downtown district with strong foot traffic. The business offers a unique atmosphere that has helped build a loyal customer base and an excellent reputation in the
market.

Operations are highly refined, with systems in place that allow for effective cost control and consistent performance.
The business has demonstrated steady profitability year over year, making it an attractive opportunity for an owner operator or investor seeking a proven concept.

Highlights:
• Prime downtown location in a booming area
• Consistent profitability with strong financial history
• Unique concept w/great reputation and repeat customers

This is an excellent opportunity to acquire a turnkey hospitality business with strong momentum and upside potential.

This business has been prequalified for SBA financing for qualified buyers.