Call (865) 326-1090 or send the request form; Boldwick passes the request to funding partners, and a partner may ask for the quote before deciding whether to make an offer.
A combi oven priced at 48 and 60 months, a 45-day credit line draw for a meat and dairy bill, two reach-in coolers and a prep table on a 24-month loan, and the share of Sevier County, TN restaurants with fewer than five employees.
At a glance
- Full-service restaurants with a ZIP 37862 address
46 (ZIP Code Business Patterns 2023)
- Limited-service restaurants with a ZIP 37862 address
45 (ZIP Code Business Patterns 2023)
- Full-service restaurant payroll, Sevier County, TN
$228.2 million (CBP 2023)
- Limited-service restaurant payroll, Sevier County, TN
$51.8 million (CBP 2023)
Before a Sevierville, TN restaurant finances a combi oven: the quote, the hookup and the term
A combi oven steams, roasts and holds in one cabinet, and it is a single machine a dining room can price on its own. Through equipment financing or a term loan, the oven itself is the cost in the request. Three things are worth having in hand first:
- The dealer quote with the model, the delivered price and any trade-in credit for the old oven
- How long the kitchen expects to run the oven, so the term does not outlast it
- A separate figure for the water line, drain and electrical circuit, which are property work outside this site
That last line matters on the request form: the amount entered should be the oven, not the plumber or the electrician. A funding partner may ask for the quote, recent bank statements and time in business, and the partner sets any rate and term. Swapping a gas-fired oven for an electric combi can change the circuit work a great deal, so that separate figure is worth having before choosing how long to finance the oven.
Restaurant loans by length: one combi oven at 48 and 60 months for a Sevier County, TN dining room
Illustration only, invented figures: a Sevierville, TN restaurant prices a combi oven at $27,640 delivered and compares two lengths at an invented 11.05% annual rate. Every figure below is our arithmetic on those inputs.
| Term | Monthly payment | Total of payments | Interest |
|---|---|---|---|
| 48 months | $715.04 | $34,321.92 | $6,681.92 |
| 60 months | $601.65 | $36,099.00 | $8,459.00 |
Stretching to 60 months trims $113.39 from each monthly check in this invented case, and the kitchen hands over $1,777.08 more in interest for that room. A dining room that expects to replace the oven within five years has a reason to keep the shorter term.
Meat and dairy invoices carried on a credit line at a Sevierville, TN restaurant: one 45-day draw
Illustration only, invented figures: a meat and dairy distributor bills a Sevier County, TN restaurant $6,300 on a two-week cycle, and card deposits for the same food arrive across the following weeks. The owner draws the invoice amount on a business line of credit and clears the draw 45 days later.
At an invented 13.8% annual rate with simple daily interest, those 45 days cost $107.19 before any draw or annual fees, by our arithmetic. Interest stops when the draw is paid back, which is the difference from a fixed loan for a bill that repeats. A one-time food cost can sit on working capital instead.
Swapping out reach-in coolers and a prep table at a Sevier County, TN restaurant
Reach-in coolers and a stainless prep table plug into existing outlets, so they are equipment from end to end. Illustration only, invented figures: a Sevier County, TN kitchen replaces two reach-ins at $2,790 each and a refrigerated prep table at $3,140, an $8,720 order.
Spread over 24 months at an invented 12.75% annual rate, the order works out to $413.54 a month. Twenty-four of those payments come to $9,924.96, so $1,204.96 of the total is interest (our arithmetic). A kitchen that would rather match card receipts can weigh a merchant cash advance, which buys future card sales at a fixed total instead of charging interest.
How many Sevier County, TN restaurants run with fewer than five employees: sit-down against quick-service restaurants
County Business Patterns counted 23 full-service restaurants in Sevier County, TN with fewer than five employees in 2023, 12.4% of that code (NAICS 722511). Among limited-service restaurants, the code for quick-service restaurants and counter service (NAICS 722513), 35 were that small, 25.5%.
Nonemployer Statistics, a separate Census program, counted 30 full-service restaurants with no paid employees in Sevier County, TN for 2024, with $2,015,000 in receipts. It also counted 26 limited-service restaurants with no payroll, with $2,088,000 in receipts.
Those counts describe the county, not any one kitchen. The Sevierville, TN page carries the ZIP 37862 figures, and the industries page has notes on coffee bars, motels and other trades.
Two articles go further for restaurants. One prices a buffet line, a dish machine and new smallwares; the other weighs a food truck or trailer beside the dining room.
By Boldwick Funding Group ยท Updated
