Memphis Restaurants For Sale
Obviously Not Simply Another “Me Too” Pizza Place - MONEY MAKER!
Check out this popular, well established pizza and beer restaurant in a unique, exclusive enclave of Harbor Town, a mere stone’s throw from the mighty Mississippi River. The location is not far from internationally renowned St. Judes Children’s Hospital in bustling Memphis - .
This has long been a fun “go to” spot for this upscale neighborhood and is the only “close-enough to walk to” sit-down Pizza restaurant in the vicinity. And yes, it is consistently busy - and profitable - with tons of repeat business.
Featuring an attractive long-term lease, it is priced below its true, “going concern” market value.
Seller is willing to consider some limited financing to purchase.
UPDATE: Price has been dramatically reduced for quick sale!
Call Donald for more details.
Please visit our website at www.sellingrestaurants.com to get the name and location of this business.
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
11 a.m.–10 p.m.
Friday & Saturday
11 a.m.–11 p.m.
Facilities
Highlights
- profitable
- established for 17 years
- excellent location in upscale neighborhood
- growing
- good lease
- indoor AND outdoor seating
- draw from nearby businesses
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 12,729 | 27,062 | 112,127 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 6,152 | 11,519 | 47,995 |
| 2010 Persons Per Household | 1.56 | 1.92 | 2.18 |
| Median House Value | $235,600 | $153,761 | $119,339 |
| Income Per Household | $56,388 | $37,680 | $31,503 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 861 | 1,112 | 2,727 |
| 2012 Number Of Employees | 43,342 | 60,826 | 128,452 |
| 2012 Total Annual Payroll | $1,196,171,000 | $1,712,079,000 | $3,182,064,000 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.