Location: United States -> Tennessee -> Memphis
Industry: Food and Beverage > Catering Services

Businesses for sale Summary

Recently closed restaurant in the Midtown area. Selling assets…location available for lease for interested buyer. Awesome spot for catering, wings, burgers, pizza, take out/deliverty or many more. Outstanding commercial clientele within close proximity.

Owner recently married and has another beverage establishment?unable to devote time necessary to maintain both businesses. Owners had well over $50000 in build out alone and over $40000 equipment when opened. Serious bang for the buck!

All the equipment needed to turnkey a restaurant or catering kitchen in your favorite location. Selling as lot sale only?not individual pieces. Large vent hood & fire suppression system, washer/dryer, stainless steel sinks and prep tables, stainless steel reach in frig., stainless steel reach in freezer, (2) American Range ovens, (2) deep fryers, American Range four eye stove/flat top griddle/oven, two door sandwich prep frig, single door sandwich prep frig, beer cooler and much, much more.

If you have your own spot just move equipment from existing location and into your site. Plenty of space at location with over 2400 sq. ft. Unbelievable existing lease available if desired. Currently at $5.75 sq. ft. with flexible landlord. Small drive area to side of building with rear entry to building would make the perfect loading/unloading area for catering or delivery service.

Call Jeff at 901-552-4183 with The Restaurant Store or visit our website at www.restaurantstore.com. Serious buyers only, we work for our sellers to market their properties in a very confidential manner to qualified buyers. We would welcome the opportunity to meet in person to learn more about your needs and plans.

Financials

Asking Price Range:  < $250K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2003
Number of Employees:  6 – 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease