Listing #: 133-00054
Category: Food/Restaurant
  • Listed Price $ 699,000
  • Down Payment $ 0
  • Gross Sales $ 1,252,203
  • Total Income $ 270,408
  • Equipment/Fixtures$ 250,000
  • General Location Nashville
For more information contact:
Patrick Marsch Jr.
Office: (615) 450-0410
Cell: (615) 544-5380
Office Website

Profitable Absentee Owner Restaurant in Unbeatable Core Nashville Location

This is a very well known restaurant in a location that is truly tough to beat, right on one of the most popular night life streets in the urban core of Nashville.  It is run absentee and has a general manager in place who oversees the day to day operations.  There is a very favorable lease in place.  The seller lives out of state, and has other businesses, so he wants to sell.  The build out was approximately $1.2 million and aprrox. $250,000 in FF&E is included. Opportunities that are priced to sell like this do not surface often in the restaurant business. 

Financial Information

  • Gross Sales:$1,252,203
  • Total Income: $270,408
  • Listed Price:$699,000
  • Down Payment $0

Financing:

Assets & Lease Information

  • Inventory: $0
  • Leasehold Improvements: $1,200,000
  • Equipment/ Fixtures: $250,000
  • Base Rent: $0
  • Total Rent: $5,627
  • Rent Deposit: $0
  • Year Established: 2014
  • Square Feet: 2,500
  • Lease Ends: 10/2022
  • Lease Options: 1 5 Year
  • Categories: Food/Restaurant
  • Other Assets:

Additional Information

  • Full-Time Employees:15
  • Part-Time Employees: 5
  • Contract Staff: 0
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  • Training Period: 2-4 Weeks
  • Special License Required:
  • Reason for Selling: Out of state owner with other businesses

First Choice Business Brokers

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.