Business for Sale Overview:
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 $73,000 average income. Traffic counts are in excess of 14,000 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.
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:
Family members wishing to pursue other interest
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.