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Mississippi Business For Sale

 

FULL SERVICE CASUAL FAMILY RESTAURANT


Attn: W. Ward Wicht
Southern Mississippi, MS, USA
Listing Number: "1417-WW"
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Asking Price: $550,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Retirement
Year Established: 1994
# of Employees: 11 Full Time / 11 Part Time
Yearly Revenues: $834,000
Yearly Cash Flow: $218,000



Business for Sale Overview:
Full Service casual family seafood restaurant business for sale. Restaurant serves breakfast, lunch, and limited dinner menu. This restaurant operates at an incredible margin of 26% for owner's discretionary earnings. Restaurant is fully staffed and ready for turnkey acquisition. Sales are generated through a morning and lunch menu. Sales could be further expanded by opening for dinner. Shopping center has adjacent space available for further expansion. Sales are generated primarily through food and beverage sales, with 2% of sales attributed to beer. The owners own a domain website for the restaurant but do not utilize it at this point.

Property Features and Assets:
2,400 square feet building.



Additional Details:
  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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