Did you know that BusinessBroker.net provides a large Franchise & Business Opportunity Directory that allows our users to search through hundreds of full color web brochures and to request free additional information via email? Visit our Franchise Directory today or take a look at our Featured Franchise & Business Opportunities. Buy a franchise today!

Business For Sale

Upscale Restaurant

Southern Mississippi, MS, USA

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Year Established:
Employees:
Listing Number:
$150,000
2005
2 Part Time
37564476
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$451,106
Not Disclosed
$41,000
Not Disclosed

Business for Sale Overview:

This is one of three restaurants being offered for sale. They can be bought individually or together. All three are located side by side by side which makes for ease of ownership and management of multiple units. All three restaurants have a large base of loyal repeat customers, many of which eat at all three restaurants. The restaurants cater primarily to local residents, but do get some tourists. All three restaurants occupy a freestanding building of about 11,500 square feet. Building also has one nice stable rent paying tenant. Building is located on a very high traffic highway, not far from the interstate. The highway connects to the coast. The building is available for $550,000. The building did not flood and only had very minor damage from hurricane Katrina. All three restaurants have separate, individual kitchens. This particular restaurant features an upscale high quality, somewhat pricey menu of steaks, chops, seafood, and other southern / Creole cuisine. This restaurant seats 60. Seller will thoroughly train new owner on this easy to own and operate business to include all the great recipes. Seller is relocating out of state. Seller is highly motivated and has priced each restaurant very affordable. Seller will make somebody a real good deal on all three as a package. Seller is open to offers to which he will seriously consider and promptly respond. Come visit these really nice restaurants, taste the great food, meet the owner, make offer.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Property Features and Assets:

1,000 square feet.

Reason for Selling:

Relocation

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist 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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Upscale Restaurant
Business Listed By:
Peter Phillips
Sunbelt Business Brokers of Baton Rouge
contact the seller
Looking to Buy A Restaurant?
Franchises That May Interest You!
Handyman Matters is an industry leader in the growing handyman repair and improvement industry for residential and commercial properties.
Own and operate a professional cleaning service business without franchise fees. Unique low moisture system for carpet, upholstery, wall and acoustical ceiling cleaning. Complete packages and free training.

 

Please Note: The Business for Sale listings, including any franchise opportunities, business opportunities, and franchises for sale advertised on this web site are not to be considered an "offering" or purchase recommendation by BusinessBroker.net. The individual content of these business for sale listings are submitted to us by business owners, representing business brokers, or other intermediaries and we rely entirely on the accuracy of the information they provide. BusinessBroker.net recommends seeking the advice of a lawyer, financial consultant or accountant before purchasing a franchise opportunity, business for sale, business opportunity, or franchise for sale. Part of the BusinessBroker.net Network. Please review our full Disclaimer for more details.