Very Profitable Bar & Restaurant

Jackson County, MS

Very Profitable Bar & Restaurant
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Asking Price: Get Financing: $625,000

Cash Flow: $266

Gross Revenue: $1,250,000

EBITDA: $266,000

FF&E: $100,000

Inventory: $18,000

Lease Rate: $7,875 /Month

Established: 2007

Very Profitable Bar & Restaurant

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Business Description

Very Successful Bar & Restaurant with Large Cash flow

Best location on the coast this very successful bar and restaurant has large seating capacity and indoor/outdoor seating. Very well known and highly praised gives someone the opportunity to step in and be successful from the start, with large cash flow already in place. The modern feel of the restaurant doesn't take away from its charm. This is a very inviting atmosphere that draws a large crowed.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Great updated facilities with great accomidations to fit every ones needs to drink or eat.
Competition:
The market is so large the competition actually helps the business because they are in such a business populated area. that helps draw more customers.
Growth & Expansion:
The business has grown every year since opened so if new owner it should continue to grow or large growth if a new owner comes in and stimulates the productivity.
Support & Training:
Yes owner will train for one month
Reason for Selling:
Retirement
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Contact the Seller

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Lauren Drummond

Business Listed By:
Lauren Drummond

Coastal Consultants LLC

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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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