Property summary
This exceptional investment opportunity encompasses a highly profitable, established food service and catering business, operating for 24 years, situated on a 1.5-acre lot in Jackson, Tennessee. The property boasts a 12,000 square foot building with an additional 5,000 square foot basement, complete with roll-up doors, a drive-up covered loading dock, and ample parking. The main building houses a bustling retail operation situated on a US Highway with a daily traffic count of 15,446 vehicles, offering convenient grab-and-go options. The business itself is a well-oiled machine, catering an average of 20 corporate events daily and providing food service to two school cafeterias, serving 1,500 students daily (August-May). The sale includes all assets: a state-of-the-art commercial kitchen, multiple walk-in freezers and coolers, extensive prep areas, all inventory, appliances, recipes, nine vehicles, intellectual property, website, and phone number. A leased tenant in the building provides additional rental income. The 45-person staff is in place and ready to continue the success of this established enterprise. This turnkey operation presents a rare chance to acquire a profitable business and valuable real estate simultaneously. The asking price is $3,500,000.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Association Or Organization
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Take-out & Catering Catering Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
B5 · Jackson, TNZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for B5 in Jackson, TN.
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Find the owner behind the property.
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