Drive Thru Restaurant and Home Package- $60K Cash Flow

Elizabethton, TN (Carter County)

Turn Here For Great Food!
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Asking Price: Get Financing: $375,000

Cash Flow: N/A

Gross Revenue: $272,000

EBITDA: $57,854

FF&E: $25,000

Inventory: $2,500*

Real Estate: $245,000

Established: 1996

*not included in asking price.

Drive Thru Restaurant and Home Package- $60K Cash Flow

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Business Description

Restaurant- Limited Service and Profitable, Iconic Business and Home Combo Packa

Offered is an iconic long established drive-thru restaurant owned and operated by the same family for over two decades. Ideal opportunity for a person (or couple) seeking a turn-key food service business that has cash flow from first day and comes with a fully remodeled single-family home on the same property to boot. This business is not complicated to operate and is well known in the community where it is located. It has a loyal following who have provided sustained sales over many years.

As is the case with where we are blessed to live, this is a rare chance for a lifestyle change and an opportunity to exit the fast lane of life and enjoy wonderful people, beautiful scenary, and abundant outdoor activities. Don't wait, inquire now.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
1,941
Employees:
2 FT, 3 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a wonderful opportunity for someone who has a desire to own a manageable restaurant with established clientele and cash flow that comes with a fully remodeled and distinctively updated bungalow style home complete with all new appliances. If you are looking to live in beautiful East Tennessee so you can enjoy the tremendous outdoor activities and great people, you owe it to yourself to one of the first to check out the opportunity.
Competition:
Little direct or nearby competition. Location is an icon and well known, so is the excellent food and a real value. This may be an older business but the owner has been smart enough to invest in property and equipment upgrades. Maintains a 100 rating from Health Inspector. More details in the Confidential Business Summary.
Growth & Expansion:
This business can grow just by tweaking the menu and marketing directly to the surrounding home occupants to capture more of the money they spend eating out. Ideas for business more revenue will be in the Confidential Business Summary provided only to those who have qualified by submitting an NDA.
Support & Training:
Will stay as long as necessary to facilitate a smooth and successful transition. First week is no cost; after that paid.
Reason for Selling:
Retirement.
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Ramon Sanchez-Vinas

Business Listed By:
Ramon Sanchez-Vinas

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