Lebanon, TN
Step into ownership of an established Hangry Joe’s Hot Chicken located at 1432 West Main Street—positioned along one of Lebanon’s primary retail corridors with strong visibility and consistent...
$265,000
Lebanon, TN
Step into ownership of an established Hangry Joe’s Hot Chicken located at 1432 West Main Street—positioned along one of Lebanon’s primary retail corridors with strong visibility and consistent...
$265,000

Shelby County, TN
This is a rare opportunity to acquire a high-performing, fully operational daytime restaurant. This restaurant is part of a fast-growing, nationally recognized franchise system (name disclosed upon...
$1,350,000
EBITDA: $381,000
Nashville, TN
Online auction: May 11-13, 2026
17,017 SF Restaurant For Sale...
Not Disclosed

Jackson, TN
Jackson Tennessee Jet’s Pizza National Franchises for Sale – Keep or Convert #6548 (This is an Open and Operating Business. Please be respectful and do not make any attempt to contact Staff,...
$349,000
Chattanooga, TN
Own a turnkey bar in one of Chattanooga’s most desirable downtown locations. This locally recognized brand has built a loyal following, strong identity, and steady traffic—making it a proven and...
$305,000
Nashville, TN
8 unit Moe's Southwest Grill franchise portfolio located in the greater Nashville TN GMA. Leases are transferable. Inventory, cash on hand, G&A and transfer fees not included. 2025 Gross Revenue:...
$3,950,000
Cash Flow: $1,136,545
Davidson County, TN
Fully renovated Subway restaurant. Small town and developing. No competition only 10 miles from Nashville, TN....
$250,000
Harrogate, TN
This is a unique opportunity to hit the ground running with two highly rated restaurants in one location. Jon Smith Subs is a premium grilled and deli subs franchise, and The Meaner Wiener is a...
$275,000
Cash Flow: $200,000
Clarksville, TN
Fastest growing dessert chain in America. Ran by absentee owners. Looking for local entrepreneurs ready to grow. Owners operate other Peach Cobbler Factories in another state....
$80,000
Greenback, TN
This well-established, high-volume ice cream and hot dog shop has become a local landmark and community favorite in Greenback, TN. Just minutes from Maryville, Rocky’s Place sits on a busy state...
$345,000
Cash Flow: $132,000
Available Nationwide
Home of the Original Buffalo Wing and part of food history. Expanding nationally with plenty of territory available for franchisees to grow. Learn more about joining our team now.
$400,000
Clarksville, TN
Looking to own an independent Tennessee Restaurant for Sale? This restaurant has been a favorite in the Clarksville, Tennessee community for over 10 years, with consistent annual sales over $600,000....
$150,000
Murfreesboro, TN
Established HoneyBaked Ham Co. franchise in Murfreesboro offers exceptional investment opportunity with 25+ years of proven market success. This profitable specialty food retailer generates $1,077,789...
$1,210,000
Cash Flow: $309,240
Nashville, TN
Acquire a turnkey Restaurant for Sale in Downtown Nashville, offered confidentially by We Sell Restaurants. Located within walking distance of Broadway and positioned in one of Davidson County's most...
$299,000
Hohenwald, TN
Kilpatricks Tavern & Grill is a manager-run, turn-key bar and restaurant producing strong, repeatable cash flow with minimal owner involvement. The business generated $773,146 in gross revenue and...
$685,000
Cash Flow: $240,872
Jackson, TN
The Honey Baked Ham Co. of Jackson presents an exceptional franchise opportunity with over 25 years of established market presence in Madison County, Tennessee. This turnkey operation generates...
$820,000
Cash Flow: $216,000
Bill Ritter
Canopy Capital Advisors
Serving Hamilton County, TN
At Canopy Capital Advisors, we are dedicated to empowering business owners in and around Chattanooga, TN through our specialized services in Business Valuation, Exit Strategy, Confidential Business Sales, and Strategic CFO Services. We understand that every business is unique and we pride ourselves on delivering tailored solutions that align with your specific needs and objectives. Exit Strategy: Planning your exit is one of the most significant decisions you'll make as a business owner. At Canopy Capital Advisors, we work closely with you to develop a comprehensive exit strategy that maximizes your business’s value and secures your financial future. Our approach considers your personal goals, the ideal buyer profiles, and the best timing for a successful transition. Confidential Business Sales: Selling your business is a personal and often emotional journey. We prioritize confidentiality throughout the sales process, ensuring that sensitive information is protected while effectively marketing your business to qualified buyers. Our extensive network and strategic marketing techniques help attract the right buyers, facilitating a smooth and successful transaction. Business Valuation: Accurately valuing your business is crucial for making informed decisions, whether you're contemplating a sale, seeking investment, or planning for future growth. Our expert valuation services provide you with a precise understanding of your business’s worth, taking into account various factors such as market conditions, financial performance, and industry trends. Strategic CFO Services: Our Strategic CFO Services provide the financial insight and expertise you need to drive your business forward. From financial forecasting and budgeting to cash flow management and strategic planning, we help you make data-driven decisions that enhance profitability and growth. Our CFO services are designed to support your unique business goals while ensuring financial stability.
Chattanooga, TN
100% of all IHOP restaurants are owned by independent franchise operators. For over 60 years, the IHOP family restaurant chain has served its world-famous pancakes and a wide variety of breakfast,...
$350,000
Cash Flow: $102,492
Nashville, TN
Rare opportunity to acquire a Johnny Rockets restaurant located inside Opry Mills, one of Tennessee’s top tourist and shopping destinations, attracting millions of visitors annually. This high-traffic...
$400,000
Cash Flow: $125,000
Chattanooga, TN
Transform your entrepreneurial dreams into reality with this turnkey Italian Ice & Gelato business positioned to capitalize on Chattanooga's booming tourism market. You'll step into a profitable...
$50,000
Nashville, TN
Cinnabon is one of the world’s most-recognized and sought-after brands, with over 1600 bakeries through the US and internationally. Cinnabon's parent company is Focus Brands. Jamba Juice, Moe's...
$115,000
Cash Flow: $79,474
Knoxville, TN
An established multi-unit sports bar concept in the Knoxville market is seeking a qualified operating partner to take over day-to-day operations for two restaurant locations. The concept historically...
$50,000
Available in Tennessee
Join Jon Smith Subs: a thriving franchise offering fresh, delicious subs in a vibrant atmosphere. Be part of a growing community today!
$100,000
Manchester, TN
$400,000
Nashville, TN
$425,000
REAL ESTATE INCLUDED
Smithville, TN
$899,000
Winchester, TN
$375,000
Tennessee
$2,000,000
REAL ESTATE INCLUDED
Tullahoma, TN
$3,500,000
REAL ESTATE INCLUDED
Pulaski, TN
$550,000
Murfreesboro, TN
$159,000
Sumner County, TN
$249,000
Nashville, TN
$5,500,000
Available Nationwide
$250,000
Loudon, TN
$840,000
Smyrna, TN
$199,000
Nashville, TN
$39,000
Columbia, TN
$1,590,000
REAL ESTATE INCLUDED
Tennessee
$2,000,000
Available Nationwide
$200,000
Murfreesboro, TN
$299,000
Tennessee
$6,400,000
White Bluff, TN
$699,000
Tennessee
$180,683
Tennessee
$231,952
Pam Klos
Compass Realty
Serving Williamson County, TN
Compass Realty Franklin, Tennessee
Murfreesboro, TN
$249,000
Nashville, TN
$549,000
Marshall County, TN
$1,500,000
Nashville, TN
$149,000
Dyersburg, TN
$1,900,000
Available Nationwide
$750,000
Nashville, TN
$24,000
Williamson County, TN
$299,000
Knoxville, TN
$49,900
Sumner County, TN
$575,000
REAL ESTATE INCLUDED
Franklin County, TN
$725,000
Available in Tennessee
$150,000
Shelby County, TN
$850,000
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 30 |
| Asking Price | $752,500 |
| Reported Revenue | $1,027,258 |
| Reported Seller's Discretionary Earnings | $200,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $346,250 | $752,500 | $1,875,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of American Restaurants for sale in Tennessee.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $525,000 | $125,000 |
| Median | $1,027,258 | $200,000 |
| Upper Quartile | $2,226,415 | $309,240 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of American Restaurants listed for sale in Tennessee.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.43 | 2.38 |
| Median | 0.75 | 3.20 |
| Upper Quartile | 0.91 | 5.49 |
FAQ's
How much does it cost to buy an American Restaurant in Tennessee?
The median asking price for an established American Restaurant in Tennessee is $752,500, though prices range from under $346,250 to well over $1,875,000.
How much do American Restaurants owners in Tennessee earn?
The median reported revenue of American Restaurants in Tennessee is $1,027,258 and owners earn a median of $200,000, which includes the owners salary and any other financial benefits they receive.
How do I value an American Restaurant?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of American Restaurants in Tennessee, revenue multiples range from 0.43 to 0.91, with a median of 0.75. Earning multiples range from 2.38 to 5.49, with the median at 3.20. This means the typical American Restaurant in Tennessee may ask for around 0.75 times its annual revenue, and 3.20 times its annual owner earnings.
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