1022 Boykin Dr Memphis, TX 79245
This exceptional restaurant property at 1022 Boykin Drive, Memphis, Texas, presents a unique investment opportunity. The well-established business boasts a beautiful, rustic ambiance, creating a welcoming and family-friendly atmosphere that has made it a local favorite. The property's prime location offers excellent highway frontage, ensuring high visibility and consistent customer traffic. The interior features a fully stocked kitchen, ready for immediate operation, complete with a convenient buffet setup and ample seating with a mix of tables and booths to accommodate various group sizes. The current owners are willing to provide a business portfolio to serious buyers upon request, offering a comprehensive overview of the financial performance and operational details. This turnkey operation is ideal for an experienced restaurateur looking to acquire an already successful business or for an investor seeking a profitable venture in a thriving community. The property's strong reputation and established customer base provide a solid foundation for continued growth and success. This is a rare opportunity to own a well-loved restaurant with significant potential for future expansion and profitability. The asking price is $2,900,000. Serious inquiries only.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.