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Own the small Town / $20K weekly sales / Renovated Dec '18

Alexandria, TN (Dekalb County)

Seller Financing Available
Own the small Town / $20K weekly sales / Renovated Dec '18
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Asking Price: $199,000

Cash Flow: $200,000

Gross Revenue: $1,040,000


FF&E: $200,000

Inventory: $20,000

Rent: $3,900 /Month

Established: 2018

Own the small Town / $20K weekly sales / Renovated Dec '18

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Business Description

$1M sales in 2019 expected. Owner claims gross sales = $20K every week, but like many...does not know how to keep books!?!?! Therefore, buyer is invited to watch this business 'behind the counter' for weeks as pre-condition to any offer.

Key Features:
* High ROI @ 100% = 1 year payback
* No competition in 7 mile radius
* Serving what everyone wants: Steaks, Pizza, more...
* Self-standing building with it's own parking lot
* Located on major roadway off I-40
* Seating for 108 customers
* No beer, no wine, no alcohol currently...huge sales option

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Detailed Information

Alexandria, TN
Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This location has been around for decades, but taken over/renovated in 4th Q '18. Seller owns the real estate and will rent @ $3900/mo. Rent to Own option can be negotiated. 108 seat dining. Fully loaded kitchen has everything. Adding a bar and beer/wine/liquor to the menu could grow sales 50-100% here.
No competition anywhere. Own the Town.
Growth & Expansion:
Add liquor, wine, beer. Begin Google marketing to draw in more passing travelers on I-40. Open 7 days per week. Currently only open 5.5 days/week.
20% max
Support & Training:
Complete A to Z as long as needed. GM and Staff will stay on board for new owner.
Reason for Selling:
Retiring and moving back to Greece.
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Tom Nilsen, MBA, Business Broker

Business Listed By:
Tom Nilsen

TNT Business Brokers / "We Sell" Team

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