Dragon Pit Inn
Undisclosed Address, Tennessee
Business Opportunity
for Sale
Sale Pending
| Catylist Listing ID: |
30622165 |
| Property Subtypes: |
Entertainment and Leisure, Food and Beverage
|
| Status: |
Pending |
| Building Size (RSF): |
4,936 SF
|
| Sale Price: |
$464,900 |
| Name of Establishment: |
Dragon Pit Inn |
| Gross Revenue: |
$0 (Annual) |
| Cash Flow: |
$0 (Annual) |
| Last Updated: |
1/12/2021 |
Overview / Comments
|
Now is the Chance of your lifetime to be your own boss with this unbelievable business opportunity located on "The Famous Tail of the Dragon'' or just "The Dragon" and is known the world over as a biker destination. This eleven mile stretch of road has 318 curves, making it one of the most challenging and exciting motorcycle rides anywhere... The best way to describe this highly visible commercial Business is, it's located on US Hwy 129, Maryville Tennessee and has served thousands of customers over the years and is now offered... FOR SALE & includes, the established Business Name to include the buildings consisting of Hotel rooms, fixtures & inventory, storage area, laundry room, and a Fully Functional sit-down Restaurant pavilion and plenty of parking. Many Improvements include, added rooms to the existing building for more income, along with a residential structure on the first floor for onsite living. Visited by riding enthusiast, car and motorcycle alike from all over the wold, this Business is situated at the intersection of HWY 129 and Hwy 72 and is a starting place for cruising sightseers to begin their 11 mile enjoyable stretch of riding on the famous "Tail of the Dragon" known world wide & leading to the Great Smoky Mountains National Park.
|
Additional Details
| Industry Segment: |
Hotels and Motels |
| Reason for Selling: |
Owner retiring |
| Value of Inventory Included ($): |
$0 |
| Value of Furniture, Fixtures, and Equipment ($): |
$0 |
| Real Estate Status: |
Real Property |
| Value of Real Estate Included ($): |
$0 |
| Growth/Expansion Opportunities: |
Great opportunity for expansion and increased business |
| Seller Financing Description: |
cash, conventional loan |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
2,238 |
4,952 |
| Median Age: |
40.69 |
37.61 |
| Households: |
831 |
1,777 |
|
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