Restaurant and Bar in Beautiful Historic Building

📝About This Listing

A full-service restaurant and bar in East Tennessee, seating 117 across roughly 3,500 square feet of ground-floor space in a historic building. The building was taken down to the frame and rebuilt before the doors opened in 2022, so the plumbing, electrical, HVAC, roof, fire and security systems and the commercial hood are all new since 2020. One scratch-made American menu runs across all service hours, alongside a full bar. Overview Video: https://youtu.be/qvP50AtzXRo The business runs five days a week for 40 service hours. Revenue has held near $1.45M since 2023 on seller's discretionary earnings of roughly $281K, a 19% to 20% margin in every year, after charging earnings a full market rent of about $126,000 a year rather than the lower rent the business pays today. Both owners work in the business and neither draws an identifiable wage, so a buyer should budget separately for management labor. What stands out: Rebuilt to the frame before opening. Mechanical systems, roof and hood are all new since 2020, and repairs and maintenance have run under $11K a year. SDE landed in a narrow band across 2023, 2024 and 2025, a 19% to 20% margin in every year, after a full market-rent charge. Full bar with a liquor license in place. Point of sale, kitchen display screens and dining room equipment convey with the business. Growth: the restaurant is open five days a week for 40 service hours. Lunch, a weekend brunch and a sixth or seventh day are available without adding square footage, and advertising has run under $2K a year with no CRM or email list in place. The owners are retiring and will support a transition. This is a cash-free, debt-free asset sale; the real estate is owned separately by the sellers and is available under separate negotiation, with a new lease to be negotiated at closing. Well suited for an owner-operator, or a small regional restaurant group, that wants a rebuilt and fully equipped kitchen with clear room to add hours.

🏢The Business

📊Financials

📐The Space

💬Owner Notes

Retirement