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Premier Southern Dining And Nightlife Destination For Sale

Memphis, Tennessee, US
Asking Price:
$1,099,999 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,300,000
Cash Flow:
$1,040,000

HS Listing ID-71104

A hospitality asset generating $1M+ in net income annually — offered at approximately one year’s earnings.

This restaurant is a high-performing, fully operational restaurant and nightlife destination located on the most visited entertainment corridor in the American South.

With $2.3M in gross revenue and $1.04M+ in net income, this is a rare opportunity to acquire a fully operational, highly profitable, turnkey venue at a price that does not reflect its true earning power or replacement cost.

A signed confidentiality agreement is required for the exact location

Property Information

Real Estate:

Lease

Leasehold Rent:

$120,000 per annum

Business Operation

Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.