Outstanding Restaurant in Mobile
Mobile, Alabama

Financials
Asking: $785,000
    Included in the Asking Price:
    Furniture, Fixtures & Equipment: $100,000
    Inventory: $10,000
    Real Estate: $475,000

Gross: $820,000
Cash Flow: Not Disclosed

Summary Description
This well-known restaurant in downtown Mobile has an excellent reputation and a loyal following. The name is almost a regional brand with instant recognition of quality food and great times. Most equipment is new or under 3 years old. Invest in the opportunity and with hands-on day-to-day management along with refreshed marketing, you can benefit from expanding the current customer base with the exciting economic developments in the
Mobile area. For further details, please contact William Bruce immediately, as a well know business of this caliber will not be available for very long. Phone: (251) 990-5910. The real estate is included and represented by Lanier Chew of Sunbelt Business Brokers.

General Information
Year Established: 1995
Facilities: The restaurant is housed in a free standing building of approximately 4,900 square feet with a large seating capacity. The lot size is approximately 21,000 square feet.

Market Outlook
Growth and Expansion:
Mobile was recently selected by Entrepreneur Magazine as the number one city in America to start or grow a business. Additionally, new industrial and commercial development announcements are being made monthly, including the construction in Mobile of the largest steel mill in the history of the US. Construction of the TyssenKrupp steel mill will employ 29,000 workers for over 4 years!

About the Sale
Support/Training: The seller is committed to a smooth transition and will spend whatever time and effort is necessary to thoroughly train a new owner.

Contact Information
William Bruce
Sunbelt Business Brokers
Phone:
251.990.5910

 

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