| Asking Price |
$450,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$211,000 | Real Estate |
$124,000* |
| Cash Flow |
$107,640 | Year Established | 2008 |
| FF&E |
$50,000* | Employees | 4 |
* included in the asking price
** not included in the asking price
All the start-up work has been done: totally renovated facility, appliances, all-new plumbing, updated electric, cash-flow down to a fine science. 20% cap rate right now, and room to grow.
Attachments: Download additional information (PDF)
Facilities: New but famous BBQ Restaurant for sale. Out-of-State and local customers recommend it to friends. Everything goes with it the recipes, goods and employees.
Competition: Only one mile or so from Watauga Lake - 3rd cleanest lake in the nation, surrounded by national forest and a favorite destination for multiple recreation uses. Unbelievable ground-floor opportunity here, folks!
Growth/Expansion: Unfinished upstairs has room for potential additional seating/ other activities.
Support/Training: Seller will stay on 2 weeks after sale of property to provide training.
Reason Selling: Ready to Retire!

Sharron Saidla
423-895-0430
REALTY EXECUTIVES JOHNSON CITY
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