Listing Number: 5182-696847
Description
Well-established, locally owned and operated upscale fast-casual specialty Restaurant, hand-crafted build-out, centrally located in high traffic area of Knoxville, Tennessee.
Known for its commitment to quality and efficiency, this fast-casual independently owned restaurant is priced to sell. Every dish is prepared when ordered from fresh, high-quality ingredients. Guests place orders at the counter and enjoy their meal in a fun, eclectic dining space. The restaurant also offers takeout, delivery, and catering services, expanding its reach beyond in-house dining. Seller is not involved in day-to-day operations and is selling the business to focus on other ventures.
This is a great opportunity to buy an established locally owned and loved restaurant in one of Knoxville’s busiest commercial corridors. With a popular menu, established online ordering and delivery systems, and full staff already in place, this turnkey opportunity is well-positioned for continued success.
The current owner/founder operates in an absentee or semi-absentee capacity, with no involvement in daily operations, while drawing a modest salary. A hands-on owner actively managing the business can streamline staffing, significantly reduce payroll costs, and increase personal earnings, leveraging the restaurant’s established operations to enhance profitability.
Get in touch with Sheila Hansen at Transworld Business Advisors today to request an NDA to learn more about this business.
Listing Details
- Price: $ 295,000
- Down Payment: $295,000
- Sellers Discretionary Earnings: $ 133,421
- Total Sales: $ 1,493,284
- Location: Knoxville, Knox County, Tennessee
- Inventory: $ 5,000
- FF&E: $ 35,000
- Employees: 19
- Year Established: 2011
- Reason for Selling: Other Business Obligations
- Category: Restaurants
