Reconcile the sales — point-of-sale against bank deposits and tax returns
Cash-heavy businesses invite optimistic numbers; verify reported revenue against the processor and the returns before you trust a figure.
restaurant and food business for Sale in Tennessee
Similar businesses sell at 1.2x to 4.0x SDE. Compare live listings and connect with sellers.
5 results
Bars, Pubs & Taverns
Breweries
Bars, Pubs & Taverns
Breweries
Multi-Location Brewery | High-Growth TN Market | Real Estate Available
Tennessee, United States
TN, US
This is a rare opportunity to acquire a well-established craft brewery and hospitality business with the opportunity to acquire the real estate underlying both operating locations in one of Tennessee’s fastest-growing metropolitan markets. The company has built a strong reputation as a community-centered destination known for exceptional customer experiences, diversified revenue streams, and a loyal customer following. The business operates in two locations and has successfully expanded its footprint while maintaining strong brand recognition and customer engagement. Ownership has invested substantially in real estate, facilities, brewing infrastructure, equipment, and operational systems, creating a turnkey operating platform with significant infrastructure already in place. Unlike many breweries that rely primarily on distribution, this business has developed a hospitality-focused model featuring food service, family-friendly gathering spaces, outdoor amenities, private events, community programming, and direct-to-consumer beverage sales. The result is a diversified revenue model extending well beyond traditional beer distribution. Highlights Include: •Revenue exceeding $5 million annually •Approximately $985,000 in normalized 2025 SDE •Significant revenue growth following expansion to a second location •Two established operating locations with underlying real estate available for acquisition •Diversified revenue streams including taproom, food service, events, beverage sales, distribution, and merchandise •Substantial recent investment in facilities, brewing infrastructure, and equipment •Established management and operational infrastructure •Family-friendly and community-focused brand positioning •Strategic locations within the growing Tennessee markets •Additional growth opportunities through continued development of the newer location, partnerships, distribution, events, and product innovation The company’s most recent expansion represents a substantial investment in its long-term growth platform. With the major buildout and infrastructure investments already completed, a buyer has the opportunity to acquire the operating company together with a significant real estate portfolio supporting its operations. Ownership’s preference is to pursue a combined business and real estate transaction; however, the assets have been structured to allow qualified buyers to evaluate the operating business and individual real estate components independently. This opportunity may be particularly attractive to strategic brewery or hospitality operators, private investment groups, restaurant groups, family offices, or owner-investors seeking both operating cash flow and ownership of the underlying real estate. Additional financial information, property details, and transaction information are available to qualified buyers upon execution of a Non-Disclosure Agreement.
$3,750,000Asking Price
$5,071,009Revenue
$984,762Cash Flow
American Restaurants
Miscellaneous Restaurant & Bars
+1
American Restaurants
+2
Waterfront Restaurant & Bar in Middle Tennessee - Rare Opportunity!
Tennessee, United States
TN, US
Rare opportunity to acquire a waterfront restaurant and bar offering an unbeatable combination of location, atmosphere, and growth potential. Situated just off a main thoroughfare, this established concept features indoor and outdoor seating, a full-service bar, and a dedicated boat dock! This restaurant offers an exceptional setting for scenic dining, cocktails, live entertainment, and memorable private events. With a well-established operation, equipment and infrastructure in place, a new owner can step in and immediately capitalize on this highly desirable location. Current owners spend less than 10 hours a week on this business. Opportunities like this are rarely available. Contact today for more details!
$850,000Asking Price
$2,603,928Revenue
$214,635Cash Flow
Bars, Pubs & Taverns
Miscellaneous Restaurant & Bars
Bars, Pubs & Taverns
+1
Fully Built Chattanooga Cocktail Bar | Move-In-Ready | Asset Sale
Chattanooga, Hamilton County, Tennessee, United States
Chattanooga, Hamilton County, TN, US
Rare opportunity to acquire a distinctive, high-end cocktail bar in downtown Chattanooga, TN, offered as a turnkey asset sale. A new owner skips the significant startup cost and the months of work a first-generation build out requires, including a kitchen. The space carries roughly $600,000 in leasehold improvements and can open under their own concept on day one. The sale includes an assignable lease with a strong runway: approximately 6.5 years remaining on the base term plus two 5-year renewal options at preset rates. The upstairs is separately subleased to an established business generating approximately $45,000/year, offsetting more than half of the base rent and materially lowering effective occupancy cost.
$338,000Asking Price
$411,386Revenue
-Cash Flow
Breweries
Breweries
Boutique Craft Brewery in Nashville: Booming Location. Profitable.
Nashville, Davidson County, Tennessee, United States
Nashville, Davidson County, TN, US
Skip the line and the risk that’s involved in starting up your own brewery, and instead, buy one that’s already a proven success! This acquisition opportunity represents an established craft beverage business right in the heart of Nashville. It has a loyal customer base, differentiated products, and a strong reputation within the rapidly growing Nashville market. The business has built its success through a unique brand identity, high-quality products, and a welcoming hospitality-focused environment that drives repeat customer engagement. The company operates from a well-developed facility with established infrastructure, trained staff, and a proven operating model and product. Significant (recommended) opportunities exist to expand revenue through increased event programming, strategic partnerships, taproom expansions, and expanding product distribution. This is ideal for an owner-operator, industry professional, or strategic buyer seeking an established platform with scaling profit potential. This is a rare opportunity to acquire a respected brand with a popular product and is actively profitable. Additional information available upon execution of a confidentiality agreement.
$389,000Asking Price
$506,515Revenue
$103,137Cash Flow
American Restaurants
Miscellaneous Restaurant & Bars
+1
American Restaurants
+2
Long-Standing Chattanooga Restaurant with Growth Potential
Chattanooga, Hamilton County, Tennessee, United States
Chattanooga, Hamilton County, TN, US
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.
$115,000Asking Price
$521,553Revenue
$36,715Cash Flow
Market Snapshot
National transaction benchmarks for restaurant and food business businesses.
Under $500K
Median revenue$453k
Median cash flow$80k
Median sale price$130k
Multiple range1.2x - 2.5x
$500K to $2M
Median revenue$1.49m
Median cash flow$272k
Median sale price$750k
Multiple range2.1x - 3.4x
Over $2M
Median revenue$4.44m
Median cash flow$1.03m
Median sale price$3.20m
Multiple range2.7x - 4.0x
A variety of factors can cause businesses to trade outside this range, including earnings quality, operational transferability, key-person risk, growth trajectory, and geography, so a listing priced above or below the typical multiple usually reflects real differences in the underlying business.
What to know about restaurant and food business acquisitions
GW
Cofounder & CEO
Key diligence, valuation, financing, and transition considerations for buyers evaluating restaurant and food business acquisitions.
Read the lease like it's the deal
Remaining term, escalations, and assignment rights can make or break a restaurant; a strong concept on a non-transferable lease is a problem you inherit.
Pressure-test prime cost — labor plus food
Margins are thin and move with wages and commodities; understand prime cost and how stable the kitchen and front-of-house staff are.
Confirm licenses and health standing transfer
Liquor licenses, health permits, and inspection history are valuable and sometimes fragile; review the record before you commit.
Test how much rides on the owner and concept
A chef-owner or personality-driven concept may not transfer; understand the recipes, systems, and whether the brand survives new ownership.
Budget for equipment and build-out condition
Kitchen equipment, refrigeration, and the dining room wear and date; tour it with someone who knows the gear.
Frequently Asked Questions
Answers to common buyer questions for this market.
Yes, but they're scrutinized closely because margins are thin and failures common. Verifiable cash flow, a transferable lease, and systems that run without the owner make the difference.