Successful Bar and Restaurant

MS

Successful Bar and Restaurant
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Asking Price: $325,000

Cash Flow: $148,000

Gross Revenue: $850,000

EBITDA: $148,000

FF&E: $80,000

Inventory: $14,000

Established: 2006

Successful Bar and Restaurant

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Business Description

Don't miss out on this new listing located in the heart of the Mississippi Gulf Coast. This well established Bar and Restaurant offers all the amenities to attract both local customers and tourists. The wide variety of food and drinks along with the entertainment provided keeps patrons coming back to enjoy this establishment on a regular basis.
The facility has lots of room both inside and out to enjoy a pleasant time for both lunch and dinner.

Detailed Information

Inventory:
Included in asking price
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
There is 2100 Sq Ft of space indoors and 1200 Sq Ft additional outside seating space. Total seating capacity is 225. Inside there are two bar areas with seating in one section, restaurant seating area, a complete kitchen, restrooms, storage and office space. Parking available nearby. Excellent staff in place and available to new ownership.
Competition:
Located in ideal area for consistent business from local traffic as well as tourists. The location is in a excellent growth area for both commercial development and residential expansion.
Growth & Expansion:
Growth can be enhanced with expanded marketing and advertising campaign. Adding a once a month event headed by employees and maintaining excellent customer service. Expansion could also grow with adding a catering service.
Support & Training:
Available training for two weeks at no cost.
Reason for Selling:
Other business interest and moving out of state.
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Lauren Drummond

Business Listed By:
Lauren Drummond

Capital Business Solutions

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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. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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