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Newly renovated resturant with established clientele!
Great opportunity to own this established catfish resturant . Serving Southeast Memphis since 1987, the current owner/operator has been hands on for the last 7 years and is looking forward to retirement. This resturant has a gross revenue of $960,000 with an asking price of $175,000. Endless opportunity for future growth.
Sales Price $ 175,000
Established: 1987
Reason for sale: Retirement
F.F.&E. $ 75,000
Inventory @ cost $ 8,500
Monthly Receipts: 80,000
Down Pymt $ 65,000
Financing available for the ballance or $110,000 cash.
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