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Business For Sale
VERY PROFITABLE BAR IN MOBILE, AL
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Asking Price: |
$195,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Bars, Clubs, Nightspots
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Year Established:
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2002 |
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Yearly Revenues:
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$325,000 |
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Yearly Cash Flow:
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$104,000 |
Business for Sale Overview:
This lively Mobile bar produces an excellent cash flow for the owner. The 6-year old business has very little competition in its niche market. The current owner reports that he is netting over $8,000 per month in bottom line cash flow from just four nights a week! Additional nights would definitely be a logical avenue for even more profits. Invest in this fun business and enjoy huge profits while owning a business in a city that was named by Entrepreneur Magazine as the best city in America to start or grow a business. With new industrial announcements almost every month, Mobile is poised on the threshold of enormous growth, and the new owner of this business will be well positioned to profit accordingly.
Property Features and Assets:
The bar operates from an attractive 3,200 square feet facility leased from an independent third party for a monthly rental of $3,600.
Market Competition and Expansion:
Mobile was recently predicted by the respected Moody’s Economic Research Group to have the fastest growth rate over the next 5 years of all 363 metropolitan markets in America. With the groundbreaking in Mobile County of the largest steel processing plant in the history of America, the area is positioned to grow like never before. The steel plant alone is expected to employ 29,000 workers during the five year construction phase. And there are other industrial development announcements being made monthly. It is an exciting time to be in Mobile!
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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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