Established Niche Restaurant- Super Low Rent!!
RestaurantsFor Sale in Johnson City, TN
Financial & Assets Details
About the Business
Business Description
Established in 2001 and has garnered 4.6 stars on Google and Facebook on their made from scratch soups, sandwiches, salads, quiches and desserts. Many loyal customers love to have family gathering at the restaurant. They have won many "Reader Choice Awards" through the years. They serve many homemade vegan and gluten free items. They have a steady catering business from home parties to company events. The kitchen does not have a grill or fryer. Has a gas and electric stove.
Growth & Expansion
Open longer hours during the work week and reopen for Saturdays. Explore additional menu items that fit this business model. Devote more time and effort on marketing to bring in more dine in customers and emphasize on catering and events.
Market Competition:
Not many other restaurants nearby. Market is favorable for growth. There is significant residential development immediately around the restaurant. The low rent helps ensure owner/operator can easily meet breakeven and reach profitability.
Location Details:
Building is approximate 40' x 48' long, located in town with mature neighborhoods around and a large parking area. Restaurant area is 1,920 square feet. Rent is a low 1,200 per month with 2 1/2 years remaining on the lease. That is on $7.50 per square foot!. The landlord provides trash receptacles. Tenant is responsible for arranging and paying for all utilities. There is a renewal option on the lease.
Support & Training
owner will stay up to 2 weeks of training.
Reason for Selling:
Retiring from restaurant business.