Full Service Italian Restaurant
| Asking Price: | $150,000 | Inventory: | $3,000 ** |
| Gross Revenue: | Not Disclosed | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | $100,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
A real hidden gem of the community. Multi-Family owned and operated Full Service Italian restaurant located in a great Memphis Suburb area. Has unbelievable loyal community following of patrons. Open coming up on 4 years…some family members are looking to pursue other interest outside of restaurant.
In terrific area, very safe and secure center and neighborhood. Almost 50,000 households with over a $73000 average income. Traffic counts are in excess of 14000 cars passing on daily basis. Very nice lease rate.
Currently has full service beer, wine and liquor permits. Very little competition in the area for full service Italian. Few chain brands out of 5 miles…but this is the best food quality and service. Great reviews from patrons. Has a great following in the community, but not gaining new market share. Limited marketing being done to bring in new customer base.
Excellent option for another family operated or couple looking for a life long opportunity. A must see if you are thinking of opening a restaurant.
Call Jeff at 901-552-4183 with The Restaurant Store or visit our website at www.restaurantstore.com. Serious buyers only, we work for our sellers to market their properties in a very confidential manner to qualified buyers. We would welcome the opportunity to meet in person to learn more about your needs and plans.
In terrific area, very safe and secure center and neighborhood. Almost 50,000 households with over a $73000 average income. Traffic counts are in excess of 14000 cars passing on daily basis. Very nice lease rate.
Currently has full service beer, wine and liquor permits. Very little competition in the area for full service Italian. Few chain brands out of 5 miles…but this is the best food quality and service. Great reviews from patrons. Has a great following in the community, but not gaining new market share. Limited marketing being done to bring in new customer base.
Excellent option for another family operated or couple looking for a life long opportunity. A must see if you are thinking of opening a restaurant.
Call Jeff at 901-552-4183 with The Restaurant Store or visit our website at www.restaurantstore.com. Serious buyers only, we work for our sellers to market their properties in a very confidential manner to qualified buyers. We would welcome the opportunity to meet in person to learn more about your needs and plans.
About the Business
Year Established:2006
Employees:4 full time - 9 part time
About the Sale
Management Training and Support:Owner willing to provide two weeks training and support
Reason For Selling:family members have other business interest outside of the restaurant
Seller Financing:Partial financing available for qualified buyer
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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