Turnkey Family Style Restaurant for Sale in Kingsport, TN with Seller Financing
Financial Details
- Asking Price:
- $85,000
- Profit Metric:
- Cash Flow (SDE)
- Location:
- Kingsport, TN, US
- Source:
- Date:
- October 22, 2025
Key Highlights
Description
An exceptional opportunity to acquire a thriving, family-style restaurant located in a prime area of Kingsport, Tennessee. This business stands out due to the scarcity of similar family dining options in the market. The restaurant boasts a loyal customer base built on serving quality, homestyle meals. The current owner is selling due to other interests, providing a chance for a well-capitalized investor to take over a fully running and staffed operation immediately. Significant assets, including $120,000 in FF&E and inventory, are included in the $85,000 asking price. Furthermore, the seller offers attractive owner financing terms, requiring only $42,500 down to secure the business, bypassing traditional loan qualification processes. The leased facility is spacious at 7,200 sq ft with a lease expiring in 2030.
Industry Information
- Industry Description:
- This is a family-style restaurant located in Kingsport, Tennessee, specializing in homestyle menu items and serving a loyal local customer base.
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 2025
- Reason for Selling:
- Other Interests
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $7,200 USD
- Lease Expiration:
- 2030
Assets & Inventory
- FF&E Value:
- $120,000 USD
- Includes FF&E:
- Yes
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Kimberly Beddor
- Company:
- Transworld Business Advisors of NE Tennessee
- Phone:
- 423-492-4504
Listing Details
- Listing ID:
- 68706a50-8383-4702-ba17-971787ba2954
- Source Listing ID:
- Ad#:2432082
- Deal Status:
- For Sale
- Last Updated:
- October 22, 2025
- Currency:
- USD