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Absentee Owner Restaurant/Bar
Nashville

Absentee restaurant/ bar located in one of Nashville's most desired locations.   General manager in place who runs and oversees the day to day operations.  There is a very favorable lease in place.  The seller lives out of state, and has other businesses, so he wants to sell.  The build out was approximately $1.2 million and aprrox. $250,000 in FF&E is included. Opportunities that are priced to sell like this do not surface often in the restaurant business. 

Listing Number:

00054

Category:

Food - Restaurant

Location:

Nashville

SOLD

Financial Information:

Gross Revenue:

$1,252,203

Listed Price:

$599,000

Total Adjusted Net Income:

$270,408
Equipment / Fixtures:
$250,000

Year Established:

2014

General Location:

Nashville

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.


The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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Absentee Owner Restaurant/Bar

Location: Nashville


Absentee restaurant/ bar located in one of Nashville's most desired locations.   General manager in place who runs and oversees the day to day operations.  There is a very favorable lease in place.  The seller lives out of state, and has other businesses, so he wants to sell.  The build out was approximately $1.2 million and aprrox. $250,000 in FF&E is included. Opportunities that are priced to sell like this do not surface often in the restaurant business. 

Listing Number:

00054

Category:

Food - Restaurant

Location:

Nashville

A man with glasses and a beard is smiling in a circle.
Ciro 'Vic' Coppola

Office: (702) 368-2500   |  Cell: (725) 233-3333

License #: BS.0146004

Financial Information:

Gross Revenue

$1,252,203

Listed Price:

$599,000

Lease Information:

Square Feet:

2500

Total Rent:

$5,627

Lease Expiration:

10/2022

Lease Options:

1 5 Year

Asset Information:

Leasehold Improvements:

$1,200,000

Equipment / Fixtures:

$250,000

Additional Information:

Full-Time Employees:

15

Part-Time Employees:

5

Training Period:

2-4 Weeks

Reason for Selling:

Out of state owner with other businesses

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

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