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  • RE:  Popular Memphis Restaurant And Wine Bar For Sale
  • Contact:  Robin Gagnon

Quick Facts

Asking Price: $150,000
Annual Revenue: $368,834
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 7
BBN Listing #: 29568096
Broker Reference #: 10231

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Business Overview:

Discover an exciting opportunity to acquire the charming Memphis Restaurant and Wine Bar for Sale, and be ready to launch next month! Unveil your culinary vision and aspirations through this restaurant, either by continuing its current concept or re-imagining it as your very own bar. Situated in the vibrant Arts district, this prime establishment comes at an exceptional value, with monthly rent as low as $1,900. The added advantage of a full liquor license further enhances its potential.

Transform your culinary dreams into reality with the perfect blend of creativity and determination. This turnkey Restaurant and Wine Bar for Sale boasts a complete equipment package, awaiting an enthusiastic new owner or a fresh concept. Nestled within the thriving Arts district of Memphis, the restaurant enjoys proximity to a newly leased apartment complex, ensuring a steady flow of foot traffic. Moreover, an upcoming residential development promises to attract even more patrons within walking distance.

Offered by We Sell Restaurants, this Memphis Restaurant and Wine Bar for Sale presents an immaculate canvas for your new concept. Or it can serve as the ideal platform for expanding an already successful brand to a second location. The full liquor license only adds to the opportunities. Keep the current Restaurant and Wine Bar concept, or convert it to the bar you have been daydreaming for years!

Occupying a manageable 1,800 square feet, the restaurant welcomes fifty diners and boasts a fully equipped kitchen, prepared to bring your culinary inspirations to life. Effortlessly bypass the challenges and expenses of starting from scratch by opting for an existing restaurant space. Make your mark in the culinary landscape by seizing this unique opportunity. This well though out space also has a patio are that seats an additional twenty customers!

Forge ahead with confidence, as opportunities like this rarely emerge in Memphis. This Restaurant and Wine Bar for Sale showcases an attractively priced venture that should not be overlooked. Act swiftly – this opportunity is priced for prompt acquisition and won't last long. Contact us today to craft your offer and embark on your business journey tomorrow!

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Property Features and Assets:

Furniture 46 indoor chairs 10 bar stools 24 outdoor chairs 2 indoor benches 1 office chair 1 stepstool 9 wood top tables indoors 8 outdoor tables 1 podium 1 small drafting table in office 1 wood credenza Fixtures 6 dining room ceiling lights 3 bar ceiling lights 3 track lights 1 bar 3 levels of floating shelves behind bar 1 countertop behind bar 1 servers station counter with shelving Wooden wine wall rack Outdoor storage area 2 central air HVAC units 1 hot water heater 1 mop sink 2 toilets 2 bathroom hand sinks 1 bar hand sink 1 kitchen hand sink 2 prep tables 2 dish racks Window curtains Patio curtains Equipment Ice Machine Keg Cooler Reach in Cooler 2 mini wine fridges 2 Ice bins 3 iPads 1 television 1 coffee brewing machine 1 iced tea brewing machine 1 flat top oven 1 six burner gas range 1 deep fryer 2 prep coolers 2 refrigerators 1 freezer 1 Two compartment kitchen sink 1 Three compartment bar sink 1 microwave 1 stand mixer 1 blender 1 food processor 1 neon Open sign

Market Competition and Expansion:

Located in the thriving, hip, Arts District. Rent is the best rate in town. Restaurant is turn key and ready to go!

Reason for Selling:

New Career

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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