Grocery Market & Grill for Sale – Kingston Pike, Knoxville, TN 37919
Opportunity to acquire a turnkey grocery market and grill located directly on Kingston Pike, one of Knoxville’s busiest and most highly trafficked commercial corridors. The property is surrounded by national retailers, grocery stores, pharmacies, restaurants, banks, medical offices, and service-oriented businesses, providing excellent visibility and consistent customer flow.
The business operates out of approximately 4,300 square feet and generates around $540,000 in annual gross revenue, making it well-suited for an owner-operator or family-run business.
Lease Terms:
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Base Rent: $6,500 per month
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NNN: Approximately $500 per month
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Total Monthly Rent: Approximately $7,000
Included in the sale is the complete grocery and grill operation, including goodwill, all furniture, fixtures, and equipment (FF&E), refrigeration units, shelving, point-of-sale systems, and existing inventory, allowing a new owner to step in and operate immediately.
The combination of a retail grocery market with an in-house grill provides multiple income streams, with further upside through extended hours, catering, delivery services, or marketing expansion.
Additional Opportunity:
A food truck is available for purchase at a separate price for buyers interested in expanding revenue through mobile sales, catering, or special events.