Long-Standing Chattanooga Restaurant with Growth Potential

Chattanooga, Hamilton County, Tennessee, United States

Asking Price$115,000

Revenue$521,553

EBITDA-

Cash Flow$36,715

Description

This is an opportunity to acquire a well-established American-style restaurant that has been serving the Chattanooga area for more than 30 years. The business has developed a loyal customer base and has maintained consistent year-over-year revenue throughout its history. The restaurant is known locally for its quality food, dependable service, and welcoming atmosphere. Its long operating history and strong reputation have helped create a steady stream of repeat customers and reliable business performance. One of the business's most attractive features is its limited owner involvement. Day-to-day operations are largely handled by employees, allowing the current owner to maintain little to no involvement in the restaurant's daily activities. This makes the opportunity well-suited for both hands-on operators and investors seeking a more passive ownership role. The sale includes a turnkey operation that is ready for a new owner to continue operating immediately. Businesses with this type of longevity, consistent revenue history, and minimal owner involvement rarely become available. Additional information will be provided to qualified buyers upon request.

Real Estate

Rent is $2,075 per month

Building Size: 1200 sq. ft.

Furniture Fixtures & Equipment

$60k

Number of EmployeesFull-Time: 5Part-Time: 6

Year Established

1994

Reason Selling

Retiring

Support & Training

30 days