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Trendy & Popular Restaurant for sale in Mobile, AL

Mobile, Alabama (AL)

Asking Price: Gross: Cash Flow:
$ 485,000 $ 1,300,558 $ 147,623

Furniture and Fixtures Value:
$ 150,000 (included in the asking price)

Inventory Value:
$ 12,000 (included in the asking price)

Business Summary:
This classy and trendy restaurant features a wide variety of flavors and culinary influences. Specialty made-to-order dishes feature an upscale twist on what otherwise would be an everyday ethnic menu. Seafood is the center of the offerings plus many other recipes, all with an emphasis on freshness and taste. Just opened in the summer of 2009 this restaurant has hit an instant homerun with area dining enthusiasts and was profitable from the start. Great interior and a super sized bar keep the regulars coming in. A popular happy hour with a large selection of specialty drinks start the flow of customers early and this flow continues until closing. Exceptionally spacious kitchen that is well laid out for any size crowd. Complete training provided and this in one of the few food service listings that has a complete book of recipes and an operations manual that will pass on the new owner. Sales will go over $1.3M for the second year in a row. A very complete and attractive website is also included. Great opportunity to takeover a successful operation that is showing increases every quarter.

 

   
Year Business was Established: 2009
   
Number of Employees: 8 FT, 22 PT  
   
Facilities / Terms of Lease: 4,000 sq. ft. building  
   
Owner willing to finance: Seller will consider some financing  
   
Owner willing to train: Seller will provide training  
   
Reason for selling: Relocation out of state  
   
Seller Reference Number: N574-LC
BusinessMart.com Listing Number: 110719
 

 

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For more info contact:

Lanier Chew

Sunbelt Business Brokers
251-626-4949

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