2078 Hollywood Dr Jackson, TN 38305

This exceptional investment opportunity presents a fully operational, 24-year-old food service and catering business located at 2078 Hollywood Dr, Jackson, TN 38305. The property consists of a 12,000 square foot, two-story Class B building on a 1.5-acre lot, built in 1974, with an additional 5,000 square feet of basement space featuring roll-up doors. The building boasts a prime location on a US Highway with a daily traffic count of 15,446 vehicles, ensuring high visibility and accessibility. The business, operating under the name "Sew Carefree," includes a retail component offering fresh, ready-to-eat food, and a thriving corporate catering arm averaging 20 events daily. It also holds a contract to service two school cafeterias, feeding 1,500 students daily (August-May). The sale includes all inventory, appliances, recipes, nine vehicles, intellectual property, website, and telephone number. The property features a drive-up covered loading dock, a state-of-the-art commercial kitchen, multiple walk-in freezers and coolers, and extensive prep areas. The 100% occupied building has 28 parking spaces and is zoned for general business use. A net lease with a remaining term of four years (five-year total term) is in place, generating rental income from a tenant. The asking price is $3,500,000, representing a price per square foot of $291.67 and a 13% cap rate. This turnkey operation offers significant potential for growth and presents a compelling investment opportunity for both established and aspiring entrepreneurs in the food service industry. The business employs 45 people.