Business Summary:
Located on the beautiful Eastern Shore of the Mobile Bay, this friendly restaurant and bar has been successfully operating under the same ownership for 14 years. The appealing interior and unique menu has proven very popular with reservations a must on weekends. The bar is a buzzy gathering place for locals as well as tourists. The kitchen is fully equipped and there is seating for 100. Liquor sales comprise almost 50% of gross sales and this benefits the bottom line. Developments in close proximity to the restaurant will provide additional customers and almost demand opening on Sunday and Monday. Another potential for increased sales is by opening for lunch. This is an excellent opportunity for a new owner to continue a thriving business with abundant upside potential.
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| Year
Business was Established: 1994 |
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| Number of Employees:
2ft/10pt |
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| Facilities / Terms of Lease:
2,000 sq ft free standing building with central bar, plentiful parking and fully equipped kitchen. |
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| Potential
Growth/Expansion:
One of the fastest growing areas in the state. Current real estate developments in immediate area will provide new customers and will beg to open seven days a week. |
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| Competition:
Several restaurants/bars in the neighborhood create a draw for the area. |
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| Owner
willing to finance:
Seller may provide financing to qualified buyer with substantial downpayment. |
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| Owner
willing to train:
Seller will provide adequate training for smooth transition. |
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| Reason for selling:
Retirement |
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Seller Reference Number: 1013
BusinessMart.com Listing Number: 36895 |
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