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American Restaurants, Miscellaneous Restaurant & Bars, Other Restaurants & Food
Active

Extremely Popular Well-Known Restaurant

Memphis, Shelby County, Tennessee, United States
Asking Price$315k
Revenue$1.13m
EBITDA-
Cash Flow$173k
Description
Well established restaurant in a very busy location. This restaurant has not been managed very well over the past few years, and is primed for a new, motivated owner to hit the ground running. The seller projects $1.5M is achievable from this location, so there is great potential for growth. They have been in business over 20 years. The seller owns the real estate, so a favorable lease will be implemented. Please submit an Online inquiry for more information and you will be sent a confidentiality agreement right away. This is a great opportunity to own an already profitable restaurant with big growth opportunities.
Real Estate
Rent is $4,500 per month
Building Size: 3200 sq. ft.
Furniture Fixtures & Equipment
$200k
Number of EmployeesFull-Time: 7Part-Time: 2
Year Established
2002
Reason Selling
Other Businesses
Support & Training
Negotiable
Asking Price$315k