69% ROI /Sumner's Best Dining/9 yrs Success/ Solid Books!!

Sumner County, TN

69% ROI /Sumner's Best Dining/9 yrs Success/ Solid Books!!
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Asking Price: $299,000

Cash Flow: $205,000

Gross Revenue: $839,000

EBITDA: N/A

FF&E: $110,000

Inventory: N/A

Rent: $2,550 /Month

Established: 2010

69% ROI /Sumner's Best Dining/9 yrs Success/ Solid Books!!

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Business Description

KEY FEATURES************INVESTOR ALERT!!!
* Rock-solid Accounting...accurate P&Ls match tax returns :)))
* Amazing ROI at 69% ...stay open weekends to add 40%!!
* 12% annual growth rate (8-years steady);
* All Cash Business - no credit card processing - $$$$machine biz
* Turnkey Operation - no servers, no hostess; catering orders placed in advance
* Super Low Rent
* Stability: 9-yrs Good Will, 1,600+ FB followers, 4.7 rating, huge customer database
* Pride of Ownership: Awarded numerous top awards/honors, a Politician's favorite!
* Seats 96 w/room to expand; separate leasehold space for catering (same building)
* Marketing includes TV ads (Food Network, etc), social media, outdoor billboards

CLICK 'CONTACT SELLER' FOR CONFIDENTIAL DETAILS>>>>>>>>>>>>>>>>>>>>>>>

LISTING AGENT: TOM NILSEN 615.838.5070

Detailed Information

Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
2/28/2022
Employees:
18
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two separate spaces: 1) 2400 sq ft, 2-dining room restaurant, fully loaded kitchen (A+ layout, twin hoods, outdoor grease trap, everything needed!), and 2) 1800 sq ft catering operations center (non-public). Rent is only $2,550 for restaurant and $1,000 for catering center lease (all-in). Great 'curb appeal' when pulling into their large parking lot.
Competition:
This well established & highly popular business has little to worry about competition-wise. This business has locked-in 1000s of loyal patrons & 'Foodie' destination-seekers by delivering uniquely Great Food and a Great Dining Experience in true Southern Style! High ranking website has video and interactive functions. Amazing reviews on social media to build on.
Growth & Expansion:
Growth opportunities include: 1) expanding catering (especially high demand weddings), 2) open on weekends (currently closed ~3 mos/yr overall), 3) raise prices immediately, 4) increase social media marketing (Target 700+ signed up to receive daily menu), 5) add wine to menu, 6) add credit cards.
Support & Training:
Owner will stay on with new owner for 30 days to ensure a smooth transition, including introductions to loyal and VIP customers. Owner wants to ensure the continued success of his popular enterprise.
Reason for Selling:
Moving after 9 amazing years here!
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Tom Nilsen, MBA, Business Broker

Business Listed By:
Tom Nilsen

TNT Business Brokers / "We Sell" Team

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