Established Independent Restaurant for Sale

Memphis, TN
Shelby County

Asking Price: Annual Revenue:
$125,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Established Independent Restaurant for Sale Broker: Chris Ollis

Quick Facts

Asking Price: $125,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 155555645
Broker Reference #: Not Disclosed

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Business Overview:

This fast casual restaurant is an independent brand that is located in Memphis, with high visibility in a shopping center on a major East Memphis corridor. The restaurant has easy access from the street. Meals may be enjoyed in the restaurant, ordered to go or for curb-side pick-up. Groups may order from the regular menu, catering menu, or from a customized menu. Group meals may be picked-up, dropped-off or full service catering is available.

All menu items are freshly prepared to order, with a selection that includes chicken and seafood selections, salads, burgers, deli sandwiches, tacos, quesadillas, desserts and much more. Signature sauces are made in-house. Portions are generous, and price points make this an excellent choice for lunch and dinner.

The restaurant is fully staffed, including a General Manager and Kitchen Manager.

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Property Features and Assets:

All furniture, fixtures, and equipment that are being used to operate the restaurant. A list of owned equipment is provided separately.

Market Competition and Expansion:

The restaurant is growing from targeted advertising and word-of-mouth referrals. The surrounding area includes an excellent mix of residential neighborhoods, businesses, schools, and the central location offers opportunity to grow the business with major Memphis businesses. The brand could be expanded to multiple sites in the Memphis market or to other cities outside of Memphis. As an independent brand, franchising could be considered as a growth strategy.

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.

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