Business Opportunity For Sale

Undisclosed Address, Tennessee
Business Opportunity for Sale
Catylist Listing ID: 30777935
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $260,000
Name of Establishment: Paparito's Southwest Grill
Business Website Address: 103 Cumberland Plaza, Crossville, TN 38555
Year Business Established: 2018
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 1/15/2022

Overview / Comments

Paparito's Southwest Grill really has no direct competition - it is the only Tex-Mex Restaurant offering fresh healthy food options in Crossville; estimated population 18,000+. Located just off of North Main Street and Genesis Road, minutes from downtown Crossville. Call listing agent for a complete list of newer equipment and furniture. SELLER MISSION: To provide their customers with a great Southwest dining experience using only the finest available ingredients at a fair price. COME AND SEE FOR YOURSELF!!!
Profit and Loss Statements are available upon a Non-Disclosure Agreement before any information is released to serious inquiries.
PHOTOS WERE TAKEN BEFORE PAPARITO'S OPENED FOR THEIR REGULAR BUSINESS DAY.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Retiring.
Value of Inventory Included ($): $8,665
Value of Furniture, Fixtures, and Equipment ($): $203,063
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: $1,968.00.
Employee/Labor Description: On the job training. Option for Blake to stay on and train during the transition.
Mgmt/Training Support Description: On the job training. Option for Blake to stay on and train during the transition.
Competition/Market Description: Really no direct competition. We are the only Tex-Mex Restaurant offering fresh healthy food options in Crossville.
Growth/Expansion Opportunities: We are an independently owned start up. There would be no restrictions on growth or expansion

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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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