Renowned Local Seafood Restaurant on Alabama Gulf Coast

Mobile County, AL

Seafood Restaurant

Asking Price:$249,000

Cash Flow:$100,300

Gross Revenue:$677,545

EBITDA:N/A

FF&E:$10,000

Inventory:$5,500

Real Estate:$150,000

Established:1994

Renowned Local Seafood Restaurant on Alabama Gulf Coast

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Business Description

PRICE REDUCED! Well established family run restaurant. Loyal following of diners as well as tourists staying in nearby gulf resorts. One of the only restaurants on the way to resort area. This is a favorite among the locals. Casual seafood restaurant with full service for lunch and dinner. Restaurant owned and run by the same family since 1994. SBA Approved.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
3FT, 6 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Free Standing Building and land included in sale price.
Competition:
En route to nearby major well known resort island. One of few restaurants in the area. Favorite of both locals and tourists.
Growth & Expansion:
High growth potential given no advertising or marketing has been done for quite some time. Great reputation. Needs motivated owner to take it to the next level
Financing:
N/A
Support & Training:
Training provided for two (2) weeks or longer if needed.
Reason for Selling:
Retirement

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Capital Business Solutions

Business Listed By:
Capital Business Solutions

CAPITAL BUSINESS SOLUTIONS

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Memberships & Certifications:
Indicates membership in The New York Association of Business Brokers (NYABB).

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