The Amber Restaurant

Undisclosed Address, Tennessee
Business Opportunity for Sale
Catylist Listing ID: 30844220
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $125,000
Name of Establishment: Amber Restaurant
Year Business Established: 1977
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Relocatable Business: Yes
Sale Terms: Business and equip only for sale. New owners to come to lease terms with Ridenour
Last Updated: 11/29/2023

Overview / Comments

Amber Restaurant was opened in 1977 by the Padgett family and has remained a staple of the Halls community. Generations of families have walked through the doors of the Amber to enjoy our delicious southern breakfast and cooking and the relaxing, family-centered atmosphere that is offered to our guests. Current owners, a Knox County Schools teacher and a local culinary expert, carried on the tradition and witnessed substantial growth throughout the business closures and impact of COVID-19. Despite setbacks of other businesses, the Amber continued to flourish, shine, and experience success. Halls Has It is the motto of the community and the Amber Has It as well! We will always remain a successful business due to the supportive people that enter the restaurant, the relationships that have been established with families and staff, and the type of cooking that is rare to find in the Knoxville area.
Don't miss this rare opportunity to purchase a piece of Halls history!
( Business Only with FFE Purchase, new lease to be secured at closing with 3rd party owner )

Additional Details

Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $138,799
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Ridenour

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,238 4,952
Median Age: 40.69 37.61
Households: 831 1,777
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