Established Bar & Restaurant For Sale By Owner w/ Real Estate

Pascagoula, MS (Jackson County) (Relocatable)

Established Bar & Restaurant For Sale By Owner w/ Real Estate
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Asking Price: $675,000

Cash Flow: $125,000

Gross Revenue: $750,000

EBITDA: N/A

FF&E: $22,000

Inventory: N/A

Real Estate: $338,000

Established: 2011

Established Bar & Restaurant For Sale By Owner w/ Real Estate

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Business Description

Turn-Key Deal: Real Estate Included In Price, Popular Music Venue

Real estate, buildings, FF&E, staff, SOPs included. This is a true turn-key opportunity to own an established, popular destination restaurant and bar that hosts the best musicians on the Gulf Coast in a historic building located downtown in a growing community. We have a well trained kitchen staff preparing a made-from-scratch menu and friendly servers who make your experience here one to remember and an experience you’re eager to share to others. Everything is included.

Sushi? While we have become known for our take on sushi, Jack's is NOT a Japanese restaurant. Enamored by the talents of a fellow Mississippian and acclaimed executive chef, we consulted her for training and her expertise to create our menu, and to demystify sushi and expand the rice-based cuisine beyond simply raw seafood. (She graduated from Los Angeles' prestigious California Sushi Academy!) We have created a “Southern Sushi Juke Joint Fish Taqueria Neighborhood Pub Deli”. Utilizing her expert skills and knowledge in conjunction with known local favorites, with tacos, tapas, salads, po’boys and deserts, we are able to please a broad range of culinary tastes. We will share with you all of our experience, knowledge, techniques and secrets to guarantee continued success. Everything is included.

Turn-Key Opportunity. Everything is Included:
- buildings (4000+SF)
- land
- HUGE public parking adjacent
- Standard Operating Procedures, everything we do is in this document
- Quickbooks coding and setup
- recipes / prep lists / standards
- existing inventory
- furniture
- fixtures
- equipment
- trained kitchen staff, bartenders and servers
- talent contacts
- social media presence and a web page
- awards / reviews / articles
- successful 7+ year history
- everything you need for a seamless transition is provided

Since opening in 2011, Jack's has maintained high reviews on Facebook, Trip Advisor and Google. While the menu changes often and has grown over the years, the positive response from a diverse group of locals, visitors and tourists has remained, and the great reviews continue.

We wanted to give something unique to our community - to make Pascagoula a destination for foodies, live music fans, artists, beer lovers, locals, coast neighbors, visitors. We are proud of what we do and this has been the most rewarding professional experience of our lives. We have become a landmark in this coastal city with a great future ahead, supported by this beautiful community, rich in coastal history, surrounded by the Singing River and the Gulf of Mexico, and filled with opportunities.

Jack's started its life as what is known in the South as a “single shotgun house,” a narrow, linear architectural style that is just all one room now. It has since been expanded from its original layout and almost tripled in size. The expansion has all been in the back, where a second bigger room is now the main dining room, and an additional building housing the restrooms and lots of storage. But from the outside, it still resembles a small storefront, which is exactly what it has long been – a grocery store from the 1930’s to 1945, a furniture store from 1948 to 1979, and a paint store from 1980 to 2009 when we bought the building.

The buildings and property are included in the asking price. The last appraisal of the property was $338,000. The circa 1910 structure seats 84 with a commercial kitchen, a 50' bar custom built of 200+ year old Louisiana long leaf pine, and a little red stage perfect for solo acoustic shows and bands, located just 2 blocks south of the Historic Round Island Lighthouse memorial and 2 blocks from the Pascagoula River, the longest unimpeded river in the 48 states and a target destination for eco-tourism. Everything is included.

To meet with the owners, and for all questions, please contact us (Mark & DJ) @ DJ@jacksbythetracks.com . Please, serious inquiries by appointment only - no calls.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
4,200
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Everything is included. All tables, chairs, coolers, cooking equipment, service and cooking wares are included. The walls are decorated with the artwork from local artists (this art belongs to the artists), and many local historic relics make this a great representation of our community, our past and our future.
Competition:
Our unique and eclectic menu along with the frequent performances by the best musicians on the coast make us a 'one of a kind'. It is hard to consider any of the other local spots our competition. The prime location downtown puts us in the middle of local festivals and events, the local government offices and courthouse, and the professional and financial centers. We have won Main Street awards, local awards and positive reviews in popular circulations, from The 'Sip Magazine to the USA Today.
Growth & Expansion:
-Expansion of Ingalls Shipbuilding will place over 1,000 new jobs in our neighborhood. -Fenced lot included to expand seating and events in an outdoor environment. -Catering: the Chevron Refinery, Ingalls Shipyard, Singing River Hospital System and many other local industries are great supporters of local business and we have not tapped into that market. -The town has been reinvigorated by the growing tourism appeal of the greater Gulf Coast including nearby Biloxi and Gulfport, which are full of casinos, museums and other attractions.
Support & Training:
The systems have been honed for a well running, well tuned machine that now needs a new operator. We will remain here to train and support you until this seamless transition is complete. There is no down time and none of the hurdles to jump associated with opening a new business. Everything is included for you to have the great experience we have enjoyed.7 years.
Reason for Selling:
We are moving.
Business Website:
http://www.jacksbythetracks.com
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Business Listed By:
DJ Garrison

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