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Asking Price$860,000
Revenue$800,000 Established1983
Cash Flow$120,000 Employees4 full, 20 part
FF&E$50,000* FranchiseNo
Inventory$11,000* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
This very popular restaurant and bar has the "character" so often desired by restaurateurs. The kitchen offers good food and signature dishes only available at the venue. Guests enjoy entertainment in a fun atmosphere at the bar. Hearty laughter is often a fixed part of the backdrop here. This food establishment has been well-known for its delicious southern fare for over 18 years.

The business has a significant cash component. Revenue can easily be increased by expanding catering and improving the pricing strategy. A seasoned restaurateur would also have the ability to increase sales and sales margins by adding value to the assets, the people, and the character of this establishment. The point of sales system, security system and inventory management system are all updated and provide ownership and management with the best available and most timely reporting.

The building and real estate are included in the purchase, which includes a large approximately 5,000 sq ft. building and parking lot. Ample competition exists nearby and the business has "watched" as other restaurants have come and gone over the years. Substantial retail business in the surrounding area draws people from nearby residential neighborhoods. Loyal customers come from the immediate area, and people from 20 miles around come to enjoy the food, entertainment, events, and friendly service for which this longstanding restaurant is so well known.

Ward Wicht Real Estate Broker

Required Licenses: Business, LIquor
Training/Support:Seller will negotiate a transition period
Seller Financing:Seller will consider some financing for a qualified buyer
Ad #81389
Seller Reference #BILOXMS001-N737
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Contact This Seller
Jason Corkern
(228) 388-7030
Email Address