Midtown-Memphis Upscale Lounge
Memphis, TN
| Asking Price: | $475,000 |
| Gross Revenue: | $2,500,000 |
| Rent: | $3,800/Month |
| Established Year: | 2020 |
| Cash Flow: | $575,000 |
| Inventory: | $102,000 |
| FF&E: | $92,000 |
Listing ID: 2271290Listing provided by BizBuySell
BUSINESS DESCRIPTION
Business Acquisition sale, Full Lounge, come with staff processes, Managers, fully stocked ready to operate business very strong income! Prefer Cash only
DETAILED INFORMATION
Location
Memphis, TN
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,400
Lease Expiration
04/02/2026
Employees
30
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Staff, inventory, tables, chairs, fully stocked bar, kitchen equipment, Office furniture, booths, DJ Equipment, etc...
Competition
very strong
Financing
No Owner financing, Prefer cash
Support & Training
will be fully training to enter into an established, turn key business
Reason for Selling
relocating
Franchise
This business is an established franchise
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