Tennessee Wing Restaurant for Sale! $497K Sales! $88K Profit!
Memphis, Tennessee
3Active Listings
$131KAvg Asking Price
8Sold
Memphis Restaurants for Sale
There are more than 3,500 restaurant and foodservice locations operating throughout the Memphis metropolitan area. These establishments employ more than 80,000 people across the region's foodservice and hospitality sector. Memphis-area restaurants are estimated to generate more than $5 billion annually in food and beverage sales. From world-famous barbecue restaurants and soul food establishments to neighborhood cafés, breweries, and chef-driven concepts, restaurants play a major role in the region's economy and culture.
Memphis restaurants for sale are something many buyers explore due to the region's affordable cost of doing business, strong tourism industry, and rich culinary heritage. As one of the Mid-South's largest metropolitan areas, Greater Memphis benefits from major industries including logistics, healthcare, manufacturing, transportation, education, agriculture, and professional services. From Downtown Memphis and Beale Street to Midtown, Cooper-Young, East Memphis, Germantown, Collierville, Southaven, Olive Branch, Bartlett, and surrounding communities, restaurants serve both local residents and visitors from across the region.
It's no wonder those buying a business flock to Memphis restaurants for sale offered by Restaurant Brokers. Restaurants are an influential part of the Greater Memphis economy. The region's reputation as the home of blues music, barbecue, Southern hospitality, and one of the world's largest logistics hubs creates opportunities for restaurant owners across a wide variety of concepts, cuisines, and service styles.
Resources for Buying Memphis Restaurants for Sale
Buying a Memphis Restaurant for Sale is a team sport and you may need all kinds of help. Our Restaurant Broker© team has plenty of resources and aid for you. Here’s a starting point for the most common requests:
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Turnkey Florida Restaurant for Sale - $1.7M Sales - Owner Financing!
Lakeland, Florida
Fast Food Business for Sale, 1,600 SF, Lakeland FL
Lakeland, Florida
Bbq restaurant for Sale with Seller Financing! Sales Over $900,000
Lakeland, Florida
Memphis Lenny's Grill & Subs Franchise for Sale Earning $95,000 for Owner
Memphis, Tennessee
Pizza Restaurant for Sale in Polk County, FL - Prime Location!
Lakeland, Florida
Profitable Memphis Tennessee Sub Franchise For Sale, $78,000 Earnings
Memphis, Tennessee
Memphis Lennys Grill & Subs Franchise for Sale Over $700,000 in Sales!
Memphis, Tennessee
Burger Franchise For Sale - Steps From University Of Memphis TN
Memphis, Tennessee
Lennys Grill & Subs Franchise for Sale in Booming Tennessee Metropolitan
City Confidential, Tennessee
Profitable Pizza Franchise for Sale in North Denver Metro
City Confidential, Colorado
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Frequently Asked Questions
Frequently Asked Questions: Memphis Restaurants for Sale
What is the average price of a restaurant for sale in Memphis? Independent restaurants typically list between $50,000 and $500,000. Established restaurants, franchise locations, and high-volume concepts may sell for more than $1 million.
Can I buy a Memphis restaurant with an SBA loan? Yes. Many Memphis restaurant acquisitions qualify for SBA 7(a) financing. We Sell Restaurants can connect buyers with experienced restaurant lenders.
How long does it take to sell a restaurant in Memphis? Most sales close within 3 to 9 months. Clean financials, favorable lease terms, and qualified buyers help transactions move faster.
What is my Memphis restaurant worth? A Certified Restaurant Broker can provide an opinion of value that will include comparable pricing. He or she is a market specialist that can adjust for location, lease terms, equipment condition, sales trends, and profitability.
How do I sell my restaurant in Memphis? Start with a free valuation from a Certified Restaurant Broker. We handle confidential marketing, buyer qualification, negotiations, and transaction management.
What licenses do I need to take over a restaurant in Memphis? Generally a Tennessee food service establishment permit, Certified Food Protection Manager certification, sales tax registration, Certificate of Occupancy, and any applicable local permits. Additional licenses are required for alcohol sales.
Do I need a broker to buy or sell a restaurant in Memphis? Not legally, but a Certified Restaurant Broker helps maintain confidentiality, qualify buyers, manage due diligence, and guide the transaction from listing to closing.
