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Alabama's Finest Mediterranean Grill, Sports & Hookah Bar

Mobile County, AL

Alabama's Finest Mediterranean Grill, Sports & Hookah Bar
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Asking Price: $569,900

Cash Flow: $216,316

Gross Revenue: $1,437,974

EBITDA: N/A

FF&E: $125,000

Inventory: $25,000

Rent: $5,328 /Month

Established: 2010

Alabama's Finest Mediterranean Grill, Sports & Hookah Bar

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Business Description

Management in place, Well-Oiled Money Making Machine

Located in a thriving upscale market, this profitable Mediterranean-themed restaurant and sports bar offer an atmosphere unmatched in the area. The business has seen growth year after year and has surpassed $1.5mm in Sales in 2018!

This free-standing location is a casual dining concept with 100+ seating (additional covered outdoor patio). Boasts a menu that includes a variety of both Mediterranean and American options to ensure that they reach a broad target market.

Key employees and managers are all in place for a new owner coupled with an established menu and recipes.

SBA Financing: This deal has been pre-approved for SBA financing for as little as 10% down by Buyer. Ask Broker for more information.

This turn key business is ready for a owner wanting to come in to steady NET cash flow of $15k-$20k PER MONTH with a great reputation at a premier location.

Detailed Information

Location:
Mobile County, AL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,800
Lease Expiration:
N/A
Employees:
30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
1 of a Kind Concept.
Growth & Expansion:
Catering more, another location, FRANCHISE DEVELOPMENT!
Support & Training:
24 weeks
Reason for Selling:
relocating
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Contact the Seller

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Bill Kleinschrodt, CPA, CVA, CFC

Business Listed By:
Bill Kleinschrodt, CPA, CVA, CFC

Transworld Business Advisors of Mobile

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.

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