Distressed Memphis Metro Area Italian / American restaurant for sale

Asking Price$195,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$600,000

InventoryNot Disclosed

FF&E$75,000
Included in asking price
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Distressed Memphis Metro Area Italian / American restaurant for sale


Asking Price$195,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$600,000

InventoryNot Disclosed

FF&E$75,000
Included in asking price
Business Description
This established Italian-American restaurant represents a compelling turnaround opportunity in Memphis Metro's affluent area of Shelby County market. Originally built as a community dining destination, this restaurant has served local families for years, creating lasting relationships through authentic cuisine and warm hospitality.

A year ago, an ambitious restaurateur recognized the venue's untapped potential and acquired the business with a vision to modernize operations while preserving its neighborhood charm. Despite facing unexpected family obligations that have diverted his attention from daily operations, he has invested substantially in the restaurant's future - over $75,000 in strategic improvements over just 10 months.

His transformation efforts have been remarkable: implementing a state-of-the-art POS system, launching commission-free online ordering through an SEO-optimized website, enhancing the Google Business profile for maximum visibility, integrating third-party delivery platforms, establishing email marketing campaigns, implementing customer feedback systems, and creating a loyalty program that rewards regular patrons.

Currently generating approximately $55,000 in monthly revenue, the restaurant operates below its historical performance due to the owner's limited availability. This creates an exceptional opportunity for an experienced restaurant operator to step into a modernized operation with significant infrastructure investments already completed.

Located in a high net worth area of Memphis Metro, the restaurant benefits from a customer base with strong spending power and appreciation for quality dining experiences. The foundation has been strengthened, the technology upgraded, and the marketing systems established - what's needed now is dedicated leadership to unlock the restaurant's full potential.

This represents more than a business acquisition; it's an opportunity to continue a meaningful story of community connection while building upon substantial recent investments. The next chapter awaits an experienced restaurateur ready to restore this establishment to its full glory and write new success stories in this area's vibrant dining scene.

Serious inquiries require signed NDA. Contact DOUG for detailed discussions and additional data.
Current and historical data will be available.
About the Business
Years in Operation
14
Employees
Employees are in full force in terms of manager, cook, servers.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,300
Rent
$5,000 per month
Listing Info
ID
2536182
Listing Views

Listing ID: 2536182 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. See our full Terms of Use. Learn how to avoid scams.