Columbia Tn Restaurant For Sale - Fully Equipped Franklin, TN 37064
- Retail properties
- 400 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Columbia Tn Restaurant For Sale - Fully Equipped
- Property size
- 400 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This fully equipped restaurant in Columbia, TN, presents a unique opportunity for aspiring restaurateurs. Priced at $49,000, this 400-square-foot establishment boasts a complete kitchen setup, including an 8-foot hood system, stainless steel prep tables, a fryer, flat top, oven, refrigerators, freezers, and more. The current lease, expiring October 31, 2024, has a monthly rent of $2600, encompassing CAMs, taxes, and insurance. A new lease will need to be negotiated with the landlord. The restaurant's location is highly advantageous, situated less than a quarter mile from downtown Columbia, offering excellent visibility and accessibility. Currently operating as a takeout-only establishment, this simplifies operations and minimizes overhead. The sale includes two outdoor tables and a shed cover, enhancing potential outdoor seating. While the current business is not profitable, the low rent, prime location, and existing equipment provide a strong foundation for a successful venture. Note that the Clover POS system and Coca-Cola beverage display are leased items. Traditional SBA financing is unavailable, but unsecured lending options may be available for those with a credit score of 680 or higher. Inventory is not included in the asking price. The seller is motivated by personal reasons. This is an asset sale, allowing for a complete rebranding and concept implementation. The property features a large parking lot, suitable for food truck parking.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Franklin
- County
- Maury
- State
- Tennessee
- Longitude
- -86.9624
- Latitude
- 35.8987
