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Asking Price$550,000
Revenue$1,149,363 Established2010
Cash Flow$177,280 Employees20 full-time
FF&E$75,000* FranchiseNo
Inventory$26,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This is a well known, profitable ethnic themed restaurant and sports bar located in a growing market. They have experienced growth year after year and are actually annualizing at over $1,500,000 for 2017! The upgraded building, full late night menu and a new delivery service has positioned them for continued growth. Their menu includes a variety of both ethnic and American options to ensure that they reach a broad target market. Indoor and outdoor seating is available and typically offer a view to one of the 17 TV's located throughout the facility. Key employees and managers are all in place for a new owner coupled with an established menu and recipes. This is a turn-key business and great opportunity to own a very profitable restaurant in Mobile, AL.
Competition:This full service restaurant and sports bar is located on the corner of a very busy intersection and benefits from a long history of serving customers from this prime location. Specialty foods coupled with American cuisine and a late night menu make this a unique and sought after eatery.
Growth Potential:The business just added delivery service and has already seen the increase in revenues. Additional marketing of this service and their UFC events will have a positive impact on sales.
Training/Support:The owner will train the buyer up to 60 days if needed to ensure a smooth transition.
Sale Reason:Relocating out of state.
Ad #98016
Seller Reference #MOBILAL001-N826
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Ernest Scarbrough
(251) 626-4949
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