0 Columbia Tn Restaurant For Sale - Fully EquippedFranklin, TN 37064

Property Details for 0 Columbia Tn Restaurant For Sale - Fully Equipped

Property size (Sq ft)

400 SF

Property type

Retail properties

Property subtype

Other retail properties

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.

Location Insight

City

Franklin

County

Maury

State

Tennessee

Latitude

35.8987

Longitude

-86.9624

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