And it's western-themed.

Peyton Manning 2018
Credit: Icon Sportswire/Getty Images

Peyton Manning may have retired from football, but that doesn't mean he's slowing down any time soon. In fact, it appears the former quarterback is gearing up to tackle a whole new career.

According to a press release, Manning will soon be the proud owner of a western-themed restaurant called Saloon 16, located in Tennessee.

As BroncosWire reported, the name is a reference to Manning's nickname, The Sheriff, as well as his jersey number while he played for the University of Tennessee from 1994-97.

The restaurant, the press release explained, will be a western-inspired, high-end "watering hole." It added, "The vintage saloon will boast a refined, yet old-school, experience including a jukebox, dart board, live piano, and outdoor dining."

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The restaurant, which is expected to open in 2020, will be housed in a newly renovated hotel known as Graduate Knoxville, located about two hours and 45 minutes east of the Tennessee Titans' stadium, BroncosWire reported. Renovations for the hotel, which is currently a Hilton Garden Inn, will begin in December 2019. According to Knox News, once renovations are complete, the hotel will boast 112 rooms, along with Payton's restaurant.

"Since the inception of Graduate Hotels, it has been a goal of ours to bring a property to Knoxville," Ben Weprin, Founder and CEO of AJ Capital Partners, shared in a statement. "While each Graduate hotel is distinct and personal, this project hits especially close to home."

Of course, this isn't the only side-gig Peyton has going on. Rocky Top Insider listed off a few of his post-NFL gigs including his work as in television on Modern Family, and as a voice actor in Ferdinand. He's even working as a consultant for a company to build better football helmets, and has even considered running for president. But, maybe before he runs he should hold off and make sure people like his cooking first.