Established Fast Food Restaurant for Sale

Discover a lucrative opportunity to acquire a well-established fast food restaurant situated in Clay County, TN. This popular eatery boasts a solid reputation and is now on the market! Key Details: • Location: Clay County, TN • Size: 1,707 sq. ft. • Monthly Rent: $3,300 • Real Estate Price: $750,000 • Business Asking Price: $800,000 • Equipment and Fixtures Worth: $250,000 • Inventory Value: $5,000 Financial Overview: • Annual Revenue: $500,000 • Owner's Net Income: $200,000 • Reason for Sale: Owner's time limitations Operational Insights: • Staff: 11 part-time employees, 1 full-time owner Location Perks: Positioned on a busy road, this restaurant enjoys high visibility and a constant stream of patrons, making it a favorite for both locals and visitors. Business Advantages: • 30 Years in Operation: Proven success with a dedicated customer following. • Profitable: Regularly achieving $500,000 in revenue and $200,000 in owner income. The new owner could potentially increase revenue to $1.1 to $1.2 million by reinstating breakfast service. • Skilled Staff: Supported by a team of 11 part-time employees dedicated to excellent service. Growth Potential: • Enhance Marketing: Boost local advertising and social media efforts to draw in new customers. • Extend Operating Hours: Consider longer weekend hours to attract more business. • Menu Diversification: Add new items and promotions to broaden appeal. • Community Involvement: Build stronger community connections through sponsorships and events. Real Estate Benefit: For an additional investment of $750,000, you can acquire the property, ensuring long-term stability and control over your business's future. Final Thoughts: This is an exceptional chance to invest in a profitable fast food operation with strong financials, an ideal location, and ample growth opportunities. The current owner is selling due to time constraints, making this a unique opportunity for a prospective buyer.