PRICE JUST CUT IN HALF!!!!

Business Opportunity for Sale
Catylist Listing ID: 30266589
Property Subtypes: Food and Beverage
Building Size (RSF): 1,668 SF
Sale Price: $50,000
Name of Establishment: MAX'S
Business Website Address: See Facebook
Year Business Established: 2017
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: OWNER FINANCING, CASH, CONVENTIONAL
Last Updated: 8/3/2018

Overview / Comments

PRICE CUT IN HALF since business closed. Ready to open your own restaurant TODAY? Here's your chance and all the work has been done. The wonderful reputation has been established, the lease is assumable, the excellent equipment (see exemptions below), and even the dishes and toilet tissue remain. Only a change in the current owner's life makes this opportunity available. You only need to check out the photos to see what's included and the excellent condition the property is in. Convenience, parking, handicap access, 2 bathrooms, newer HVAC system, and expansion potential are just a few of the extras you'll have to see. A well-rounded menu makes it appealing to everyone so you don't even need to print new menus. Did we mention that on Signal Mtn., regulations only allow a new restaurant to move into a building that has already been a restaurant? Oh yes, and there's a fully-equipped 10' x 20' FOOD TRAILER that's available with the right offer. And then there's OWNER FINANCING available to the right buyer. The owners are professional restaurateurs who have been in the business for years so they definitely know what makes a restaurant work. That's true with Max's because you'll often find a line waiting to get in as well as regulars that have their own mug. So whether you're looking at a second career or have a friend graduating from culinary school that wants to open their first business, this is your chance to walk right in and start cooking.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Industry Segment: Restaurants
Reason for Selling: Family changes
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $50,000
Value of Real Estate Included ($): $0
Real Estate Lease Description: Sellers have lease through December 2018 at $977.00/mo that is assumable with approval. Buyer may also renegotiate a new lease at purchase.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,991 27,492 62,889
Median Age: 40.45 40.87 40.34
Households: 2,137 11,832 27,345

Contact

Photograph of Listing Agent

Dan L Gibbs

Keller Williams Realty Greater Chattanooga REALTORS® Member
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