Tennessee Business For Sale

Reduced! The Palace Cafe in The Pink Palace Museum

Shelby, TN

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$60,000
$170,000
Not Disclosed
$55,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2001
3
11826231
Owner Financing is Available
Owner financing available with minimum of $42500 down to qualified buyers

Business Overview:

Deli & bakery located within The Pink Palace Museum of Memphis serving sandwiches, soups, pastries and more. Great opportunity to expand menu options. In location with over 650000 visitors per year...all ready to serve! Located in a very safe and secure area with 24 hour security. Excellent for semi-retired couple, couple looking to get started or an individual looking for great catering opportunities. Lot of additional revenue growth options available and great life style restaurant. Owner financing available to qualified buyer. Once in a life time lease. Well below market value with everything included; space, tables/chairs, utilities, pest control, cleaning, phone lines, restaurants and more. Originally spend over $50,000 alone in leasehold improvements. Great vending revenue with business. Even extensive advertising included with lease.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Owner has catering business and unable to maintain

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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