Established Neighborhood Bar & Grill
Knoxville

Neighborhood Bar & Grill.  Active APA leagues!  Music, pool, and darts.  Great beer, liquor and food found at this establishment!  Band & Karaoke DJ monthly. The sale includes furniture, fixtures, pool tables (3)  and inventory. Owner is retiring and wants to move to the next chapter! New lease subject to approval by the landlord during due diligence. All showings made by listing agent.

Listing Number:

23871

Category:

Bar/Liquor

Location:

Knoxville
$105,000

Financial Information:

Gross Revenue:

$298,491

Listed Price:

$105,000

Down Payment:

$0

Total Income:

$15,423

Year Established:

1989

Lease Information:

Square Feet:

2500

Total Rent:

$2,083

Lease Expiration:

10/2025

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$10,000

Equipment / Fixtures:

$73,250

Inventory:

$10,000

Other Assets:

New tenant will negotiate new lease with Landlord

Additional Information:

Full-Time Employees:

0

Part-Time Employees:

0

Special Licence Required:

Alcoholic Beverage Commission License State of TN & Beer Permit

Contract Staff:

10

Training Period:

Two Weeks

Reason for Selling:

Retirement

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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.

brokerPhoto
Denise Moseley
Office: | Cell: (865) 221-8484
License #:

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Established Neighborhood Bar & Grill
Knoxville

Listing Number:

23871

Category:

Bar/Liquor

Location:

Knoxville

Listed Price:

$105,000
brokerPhoto
Denise Moseley
Office: | Cell: (865) 221-8484
License #:
Neighborhood Bar & Grill.  Active APA leagues!  Music, pool, and darts.  Great beer, liquor and food found at this establishment!  Band & Karaoke DJ monthly. The sale includes furniture, fixtures, pool tables (3)  and inventory. Owner is retiring and wants to move to the next chapter! New lease subject to approval by the landlord during due diligence. All showings made by listing agent.

Financial Information

Gross Revenue:

$298,491

Listed Price:

$105,000

Down Payment:

$0

Total Income:

$15,423

Year Established:

1989

Lease Information

Square Feet:

2500

Total Rent:

$2,083

Lease Expiration:

10/2025

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$10,000

Equipment / Fixtures:

$73,250

Inventory:

$10,000

Other Assets:

New tenant will negotiate new lease with Landlord

Additional Information

Full-Time Employees:

0

Part-Time Employees:

0

Special License Required:

Alcoholic Beverage Commission License State of TN & Beer Permit

Contract Staff:

10

Training Period:

Two Weeks

Reason for Selling:

Retirement

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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