Retail - Restaurants | Retail - Bars/Taverns

Asking Price	$225,000	Inventory	$4000*
Gross Income	$334,926	Real Estate
Cash Flow	Not Disclosed	Year Established	2002
FF&E	$55,000*	Employees	N/A

* included in the asking price

** not included in the asking price

This popular restaurant and bar is very well located on one of busiest streets in West Mobile. The restaurant is known for serving quality food at reasonable prices. The business also does catering which is a profitable division that could be easily expanded. The dining room and bar area is very nicely appointed with a warm and comfortable ambiance. The kitchen is clean and fully equipped with all equipment in good working order. The owner is from out of town, and is finding that the commute of several hours a day (with current gas prices!) is becoming too much for him. The situation offers an excellent opportunity for a local owner to profit from a well-known brand.

Facilities: The business is located on a busy street in a high visibility shopping center. The restaurant / bar facility is approximately 2,400 square feet leased at a very reasonable $2,224 per month.

Growth/Expansion: Mobile was recently predicted by the respected Moody s Economic Research Group to have the fastest growth rate over the next 5 years of all 363 metropolitan markets in America. Additionally, Mobile was named by Entrepreneur Magazine as the number one city in the country to start or grow a business. Groundbreaking was held last month for the largest steel processing plant in the history of America. There is no recession here. It's an exciting time to be in Mobile!

Support/Training: The seller is committed to a smooth transition and will fully train a new owner in all aspects of the business.

Reason Selling: Geographic divestment