For Sale
$269,000

5020 Poplar Springs DrMeridian, MS 39305

Established Restaurant, Historic Meridian, MS

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional opportunity presents the chance to acquire a well-established restaurant located at 5020 Poplar Springs Drive, Meridian, Mississippi, 39305. Priced at $269,000, this special purpose property boasts a rich history as a beloved neighborhood institution for over 75 years, operating successfully as NEWS Restaurant and Sport Bar. The current owners have meticulously maintained and updated the property, ensuring its continued success. A significant recent investment includes a brand new condensing unit for the walk-in cooler, demonstrating a commitment to operational efficiency. The sale includes nearly all existing equipment, allowing for a seamless transition and immediate commencement of operations. Buyers will inherit a turnkey business, eliminating the need for extensive start-up costs and allowing them to focus on building upon the existing strong foundation. This is a rare chance to acquire a profitable, established business with a loyal customer base in a desirable Meridian location. The property is situated in a historic neighborhood, benefiting from high visibility and foot traffic. This is an ideal opportunity for an experienced restaurateur or a savvy investor seeking a proven, profitable business venture. Don't miss this chance to own a piece of Meridian's culinary history.

Highlights

  • Established restaurant for sale at 5020 Poplar Springs Drive, Meridian, MS 39305.
  • Priced at $269,000.
  • Turnkey operation with nearly all equipment included.
  • Recently updated with a new walk-in cooler condensing unit.
  • High visibility location in a historic Meridian neighborhood with a loyal customer base.

Property Details for 5020 Poplar Springs Dr

Property type
Specialty properties

Location Insight

City
Meridian
County
Lauderdale
State
Mississippi
Latitude
32.4130169
Longitude
-88.7025636
5020 Poplar Springs Dr, Meridian, Mississippi

FAQs

What type of property is this?
Specialty property - Established Restaurant, Historic Meridian, MS
Where is the specialty property located?
The property is located at 5020 Poplar Springs Dr Meridian, MS.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Established restaurant for sale at 5020 Poplar Springs Drive, Meridian, MS 39305.; Priced at $269,000.; Turnkey operation with nearly all equipment included.
How can I contact the broker?
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5020 Poplar Springs Dr
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