Property Listing No Longer Available for Sale

1017 Parkway, Gatlinburg, TN

Others for Sale - $499,000 - 2,131 Sq. Ft.


Property Info

CIMLS#997437
Location
  1017 Parkway
  Gatlinburg TN 37738
UpdatedJune 23rd, 2018
TypeOthers
Price$499,000
Building2,131 Sq. Ft.

Property Description

ESTABLISHED MONEY MAKER in the heart of Gatlinburg. Lease of exiting restaurant facility with accompanying purchase of Pizzeria. $7000 /month triple net lease for five years with a five year option to extend. Turn-key Business comes complete with equipment, furnishings, furniture, signage, inventory and much much more. Proven and successful with over $800,000 in sales in 2017. DYNAMIC CAP RATE of 48.7% - WOW!! One of the Best Investments in the Smoky's. Current owner will even provide 2 weeks free assistance in the operation and continued management of the restaurant and bar.


Financials