Restaurant with Real Estate Option

Newport, TN (Cocke County)

Seller Financing Available
Restaurant with Real Estate Option

Asking Price:$250,000

Cash Flow:$75,000

Gross Revenue:$800,000




Real Estate:$450,000*


*not included in asking price.

Restaurant with Real Estate Option

Get Financing Save Print Share Valuation Report

Business Description

Long standing, profitable restaurant offering high end steaks, seafood, and other delicious menu items for over 33 years. Warm and charming atmosphere with weekly menu specials offering unique flavors and pairings. Serving lunch and dinner and separate space for special events. Own a part of history! Real Estate optional with possible lease back. Contact Shannon Cathey at 256-289-1564 or

Detailed Information

Included in asking price
Real Estate:
Not included in asking price
Building Sq. Ft.:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
4.5 +/- acres on 2 separately deeded lots. Property consists of 3 buildings, restaurant, banquet hall and garage. Banquet Hall is 4800 sq ft on 2 levels (2,400 sq ft each level)
Growth & Expansion:
Support & Training:
Reason for Selling:

Listing Statistics for Premium Members

Ad#:1279691 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Shannon Cathey

Business Listed By:
Shannon Cathey

Prime 100 Business Brokers

Show Phone Number

View My Listings

Sponsoring Broker:
Rich DeLuca

Find out more...

Get more details about this business.

Similar Listings

Beerhead Bar & Eatery

Franchise Opportunity In TN
Capital Required: $600,000