Established Neighborhood Bar & Grill

Knoxville, TN
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Asking Price:$105,000
Gross Revenue:$298,491
Rent:$2,083
Established Year:1989
Cash Flow:$15,423
Inventory:$10,000
FF&E:$73,250
BUSINESS DESCRIPTION

Music, pool, and darts

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. The 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 the listing agent. For additional information please contact Denise Moseley at denise.moseley@fcbb.com or (865) 221-8484.


DETAILED INFORMATION
Location
Knoxville, TN
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,500
Lease Expiration
31/10/2025
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 2,500 square feet with a Total monthly rent of $2,083. Lease ends 10/2025. The new tenant will negotiate a new lease with the landlord. Seller is active with 10 contract employees. Hours of operation are 11AM - 11PM Monday - Sunday. $10,000 in inventory and $73,250 in FF&E included in the asking price. New heating & air unit and deck outside - value is $10,000 made in leasehold improvements. Alcoholic Beverage Commission License State of TN & Beer Permit required.
Support & Training
Two Weeks
Reason for Selling
Retirement
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Denise
Moseley
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Denise Moseley