Pig N Catch Restaurant for Sale - Turn Key

Business Opportunity for Sale
Sale Pending/Contingent
Catylist Listing ID: 30214388
Property Subtypes: Food and Beverage
Status: Pending/Contingent
Building Size (RSF): See Agent
Sale Price: $299,900
Name of Establishment: Pig N Catch
Business Website Address: https://www.facebook.com/pigncatchrestaurant/
Year Business Established: 2003
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: cash, conventional. Need good sized Trust Deposit and Owners will train up to 1 month
Last Updated: 4/23/2018

Overview / Comments

Pikeville's No. 1 restaurant, turn key ready (owners willing to train up to 1 month). For 15 yrs., providing excellent quality, carefully prepared BBQ and catfish, including area mass-catering; great laid-back atmosphere with the best personnel in town! Rocking chair front porch with outdoor seating. 1995 sf street level entrance, full service restaurant and a 1995 sf 2nd level banquet area, office and a 1 bdrm/1 bath living quarters for living on site! Southern Pride Smoker (nat. gas or propane). 3/4 yr old HVAC 6 ton high efficient elec cooling/natural gas heating. Metal roof, stackable W/D, 2 refrigerators, 1 freezer, 2 salad prep stations, new superior slicer station, 2 Lockwood warmers, security system, custom insulated exhaust system for frying with fire sprinklers and a new fire dept alert system. 15' steam serving table, cold prep station and more. All secret recipes, wood tables/chairs and furniture stays. KeepRite refrigerated cooler out back, 10 x 15 storage with 4 large deep freezers. 2001 FORD E350 Catering Van conveys. Pikeville is welcoming new textile manufacturing plant opening Mach 2018 employing 1000+ people.

Attachments & Media

Additional Details

County: Bledsoe
Industry Segment: Restaurants
Reason for Selling: Retiring
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Real Estate Lease Description: .60 partially fenced on major Hwy 127
Employee/Labor Description: Excellent employees: many straight A students
Mgmt/Training Support Description: Owners will train for up to 1 month
Competition/Market Description: No other restaurant in town caters. No other restaurant in Pikeville seats as many customers.
Growth/Expansion Opportunities: Possibility for growth/expansion

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,212 3,563
Median Age: 42.28 43.08
Households: 895 1,450

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