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VOL. 128 | NO. 78 | Monday, April 22, 2013

County Business Licenses Dip 7.4 Percent

By Jennifer Johnson Backer

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The number of business licenses filed with the Shelby County Clerk’s office fell 7.4 percent to 1,415 in the first quarter, compared with 1,528 in the first quarter of 2012, according to The Daily News Online, www.memphisdailynews.com.

The number of filings in which the applicant is a Tennessee resident also fell 8.1 percent to 1,338 permits in the first quarter (January through March), compared with 1,456 for the same period last year.

Proprietors planning to do business in Shelby County can file from any location. Filings by non-residents climbed to 77 permits issued in Q1 to residents of 18 other states, compared with 72 nonresident filings from 19 other states in Q1 2012.

In the first quarter, Hickory Hill North’s 38115 ZIP led the way for the Shelby County communities with the most business licenses issued, at 93, followed by Southeast Shelby County’s 38125 at 84, Cordova North’s 38016 at 75, and Oakhaven/Parkway Village’s 38118 at 70.

The number of business licenses filed with the Shelby County Clerk’s office fell 7.4 percent during the first quarter of 2013.

For the same period last year, Cordova North’s 38016 ZIP led the way for Shelby County ZIP codes with the most business licenses issued, at 85, followed by Raleigh’s 38128 (77), University of Memphis area’s 38111 (76), Collierville’s 38017 (73) and Oakhaven/Parkway Village’s 38118 (67).

Corporate charters in the first quarter increased 6.7 percent to 522, compared with the same period last year, when 489 corporate charters were issued. The majority of those –230 – were limited liability companies, unchanged from Q1 2012’s LLC filings.

Business permits were sought for a wide range of businesses, including photography, restaurants, beauty salons, home improvement, day cares, tree and landscape services, cleaning and janitorial services, and painters.

One notable business license filing in the quarter was that of Bar Louie, an eclectic urban neighborhood bar and restaurant, at 2125 Madison Ave. in Overton Square. The restaurant is the latest eatery to join the Loeb Properties Inc. project near Local Gastropub, and other Square eateries like Memphis Pizza Cafe, Restaurant Iris, Le Chardonnay wine bar and bistro, and Golden India.

Another Overton Square filing was Delta Groove Yoga, a new yoga studio owned by Olivia Lomax, a former managing partner of the now-closed Give Yoga Memphis. The studio offers a variety of yoga classes, massage, Reiki Sound Healing and other healing arts.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 110 154 13,810
MORTGAGES 135 193 18,019
FORECLOSURE NOTICES 1 29 3,534
BUILDING PERMITS 430 430 32,733
BANKRUPTCIES 52 130 13,133
BUSINESS LICENSES 20 45 4,750
UTILITY CONNECTIONS 83 204 20,104
MARRIAGE LICENSES 0 33 4,230

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