Description
BUSINESS FOR SALE: Looking for a rare opportunity to buy a well-established business in Bristol, TN? Look no further than this exceptional chance to acquire a long-standing restaurant business that has been operating since the early 1930s. This iconic restaurant specializes in a unique style of burgers and has a loyal customer base. The restaurant offers dine-in, car hop & carry out, plus delivery options through DoorDash. The owners have managed to maintain an impressive profit margin of 15-18% throughout the years of owning it.Recently, this Bristol staple has expanded their operations by securing exclusive operating rights at Laurel Marina on South Holston Lake, presenting a significant opportunity for sales growth compared to last year. Please note that the owners are retiring, but the business is still in operation. We kindly request that all potential buyers do not approach any members of staff or guests with inquiries pertaining to the sale. Meetings or showings will only take place after business hours to ensure no disruption to normal business operations. Please note that financial information will be made available to serious buyers upon formal request. However, to ensure confidentiality, all interested buyers must sign a Non-Disclosure Agreement (NDA) and provide an approval letter prior to receiving any financial information. Don't let this exceptional opportunity slip away. Contact us today to schedule an appointment and take the first step towards owning this profitable and long-standing business.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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1,288SQFT
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$202$/SQFT
School Ratings & Info
Description
BUSINESS FOR SALE: Looking for a rare opportunity to buy a well-established business in Bristol, TN? Look no further than this exceptional chance to acquire a long-standing restaurant business that has been operating since the early 1930s. This iconic restaurant specializes in a unique style of burgers and has a loyal customer base. The restaurant offers dine-in, car hop & carry out, plus delivery options through DoorDash. The owners have managed to maintain an impressive profit margin of 15-18% throughout the years of owning it.Recently, this Bristol staple has expanded their operations by securing exclusive operating rights at Laurel Marina on South Holston Lake, presenting a significant opportunity for sales growth compared to last year. Please note that the owners are retiring, but the business is still in operation. We kindly request that all potential buyers do not approach any members of staff or guests with inquiries pertaining to the sale. Meetings or showings will only take place after business hours to ensure no disruption to normal business operations. Please note that financial information will be made available to serious buyers upon formal request. However, to ensure confidentiality, all interested buyers must sign a Non-Disclosure Agreement (NDA) and provide an approval letter prior to receiving any financial information. Don't let this exceptional opportunity slip away. Contact us today to schedule an appointment and take the first step towards owning this profitable and long-standing business.
© 2023 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2023-05-28T10:59:53.847.