4885 N Broadway St
Knoxville, TN 37918 Uptown Knoxville

• Unit Size: 1,560 SF
• Condo Use: Retail
• Price: $400,000 USD
• Sale Type: Investment
• Price/SF: $256.41 USD

Sale Notes

This is a rare opportunity to acquire a fully built-out, operating Quick Service Restaurant (QSR) enterprise in a prime Knoxville commercial corridor, featuring an incredibly valuable expansion footprint. The current business operates as a highly rated Hummus Republic franchise, featuring established local revenue, a robust third-party delivery volume pipeline, and a thriving corporate catering infrastructure.

The transaction is structured for a clean, complete exit as the operating partner is relocating out of state.

The Opportunity: Dual-Track Investment Options
This listing is uniquely flexible and can accommodate three distinct buyer profiles:

Option A: Turn-Key Franchise Operator ($400,000 Package Deal)
Acquire the fully unencumbered operating Broadway location plus 100% pre-paid franchise rights for a second location targeted for the highly lucrative University of Tennessee campus area (ZIP 37996).

Option B: Premium Concept / QSR Asset Conversion
For operators looking to bring a completely different restaurant concept to this prime market, the assets can be unbundled. This route offers massive capital savings by allowing you to bypass months of city permitting, utility delays, and high construction costs by inheriting a premium, fully built-out restaurant footprint.

Option C: Acquisition & Refurbishment (A&R) / Concept Pivot
For operators looking to build a completely separate style of restaurant (e.g., full-service dining, bakery, or cafe). By purchasing the assets, a buyer can completely remodel the front-of-house while inheriting an extensive, heavy-duty back-of-house infrastructure, effectively bypassing months of city permitting, utility build-outs, and massive capital expenditures.

Premium Kitchen Infrastructure & Asset Highlights
The physical facility is meticulously built out to support high-volume production for a wide variety of food service concepts:

The Footprint: 1,560 sq. ft. end-cap layout with aggressive lease terms ($4,160/mo base rent plus ~$1,400 CAM).

High-End Back-of-House: Features a full commercial hood system, 2 commercial grills, 2 deep fryers, a large walk-in freezer, and a standard 3-compartment sink.

Massive Utility Upgrades: Equipped with a robust electrical capacity (5,000–5,500 kW) and a brand-new 1,500-gallon grease trap installed during the recent build-out—saving a converting operator significant upfront capital.

Strategic Growth & Operations
Established Revenue Streams: Opened in June 2024, the business has seen immediate traction driven by a professional third-party digital marketing firm, active local delivery apps (UberEats, DoorDash), and corporate catering via ezCater.

Turn-Key Margins: Combined COGS and labor currently run at an efficient ~50%, offering excellent margin optimization for an active owner-operator or an established hospitality brand.

Financial data (including 2025 corporate tax returns), equipment inventories, and official floor plans are fully organized and available upon the execution of a standard Confidentiality Agreement/NDA. Concept conversions are subject to standard landlord approval.