Detailed Information
Inventory:
Not included in asking price
Real Estate:
Owned & Included in asking price
Building SF:
N/A
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The restaurant, 6-acre corner property, and 3 freestanding buildings are located on a highly visible lot on a well-traveled state highway connector throughout central middle Tennessee. It is located in one of the many towns outside of Nashville that are quickly becoming bedroom communities for their quality of life and lower housing costs. This property and surrounding land values are expected to continue to appreciate with the population growth and migration. The owners own the property and are selling the real estate, including the three buildings, with the business. Residential and commercial growth is evident as seen by nearby farms converting to subdivisions. Two buildings are currently unused and can be leased for additional income.
Competition:
There are few similar food concept offerings available in the community and no other meat and three table service, combined with buffet offerings in the county.
Growth & Expansion:
Currently operating 6 days a week allows for an additional day of revenue. With its recognized name, developing an online gift and food presence is a potential opportunity. The additional surplus property provides the new owner many options for growth including lease income, and holding the land for appreciation while operating the restaurant.
Support & Training:
They plan to assist with staff and management retention, menu and recipe introduction, customer and locals introductions, and food preparation. They will also make introductions to their vendors, product ordering and par levels, training on food preparation, and presentation.
Reason for Selling:
Retirement, travel, and spending time with family