Turnkey Restaurant with Hibachi
For Sale
$950,000
365 W Broadway, Newport, TN 37821
Fully equipped restaurant operation with four hibachi tables, a dedicated sushi bar, and over 50 on-site parking spaces.
Property SizeContact for details
Days on Market25
Property Features for 365 W Broadway
General Information
Standard status
Active
Site & Location
Pylon Signage
Yes
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Equipment Included
Yes
Listing Agency:
Askew Realty Group
(423) 237-3779
Listed By:
Billy Askew · License #269829
(423) 237-3779
Source:
Exprealty
Added: Jul 11
Changed: Jul 30
Last Checked: Jul 31 at 2:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Askew Realty Group
Investment Insights
Based on property information with market context.
365 W Broadway, Newport, TN offers a fully operational, turnkey restaurant built for day-to-day service. The spacious dining area is set up to accommodate more than 100 guests and includes four hibachi tables plus a dedicated sushi bar with additional seating.
The commercial kitchen is fully equipped with a walk-in cooler, flat-top grill, gas ranges, ice machine, dishwasher, and abundant prep space. Two separate storage rooms support daily operations, and the included equipment conveys with the sale.
On-site parking includes over 50 spaces, and the property features a large illuminated roadside sign and strong road frontage for visibility. The restaurant is conveniently located about 10 minutes from Interstate 40 and approximately 30 minutes from Sevierville. The business remains open and operating, so showings are available by appointment only during approved times.
The commercial kitchen is fully equipped with a walk-in cooler, flat-top grill, gas ranges, ice machine, dishwasher, and abundant prep space. Two separate storage rooms support daily operations, and the included equipment conveys with the sale.
On-site parking includes over 50 spaces, and the property features a large illuminated roadside sign and strong road frontage for visibility. The restaurant is conveniently located about 10 minutes from Interstate 40 and approximately 30 minutes from Sevierville. The business remains open and operating, so showings are available by appointment only during approved times.
Key Highlights
- Dining area for more than 100 guests with four hibachi tables
- Dedicated sushi bar with additional seating
- Fully equipped commercial kitchen with walk‑in cooler, flat‑top grill and gas ranges
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
536
Businesses Nearby
63k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 55%
Dining 26%
Shops & Services 14%
Apparel 5%
Food City
Groceries
34,146 visits/mo
0.1 miles
A&W Restaurant
Dining
11,672 visits/mo
0.4 miles
Dollar General
Shops & Services
5,069 visits/mo
0.2 miles
Long John Silver's
Dining
4,396 visits/mo
0.4 miles
U.S. Bank
Shops & Services
4,009 visits/mo
0.1 miles
Demographics for 37821, TN
22,928
Population
10,897
Households
2.1
Avg Household Size
44
Median Age
9%
College-Educated
84%
High-School Grad
129.8 sq mi
ZIP Area
177
Density / Sq Mi
$45,350
Median Household Income
$34,307
Median Earnings
$789
Median Rent
$127,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped restaurant operation with four hibachi tables, a dedicated sushi bar, and over 50 on-site parking spaces.
Where is this conventional restaurant located?
The property is located at 365 W Broadway Newport, TN.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Dining area for more than 100 guests with four hibachi tables; Dedicated sushi bar with additional seating; Fully equipped commercial kitchen with walk‑in cooler, flat‑top grill and gas ranges
