Business For Sale Listing 154068
Memphis White Table Cloth Fine Dining Restaurant
Status as of Dec-1-2008 at 05:59 PM: Active
Business Summary
East Memphis icon restaurant looking for experienced restaurateur. Currently in need of serious seasoned owner/operator to build on current operations. At present owned & managed by non food service team and great room for growth to the bottom line.
2006 & 2007 sales figures of $1.2 million and 2008 projection of $1.4 million. Catering opportunities abound with this location and setup!!! Completed full renovation in mid 2005 and spent over $550000 in new equipment & leasehold improvements. Equipment still under warranty and first class upscale build out. Excellent lease in class A space.
Ownership willing to consider financing $375000 with $200000 down for highly qualified prospect. Serious buyers only!
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