Combo Retail Shoppe & Restaurant, Profitable

Mobile, AL
Mobile County

Asking Price: Annual Revenue:
$698,000 $1,581,963

Retail: Non-classifiable

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RE: Combo Retail Shoppe & Restaurant, Profitable Broker: William Bruce

Quick Facts

Asking Price: $698,000
Annual Revenue: $1,581,963
Net Profit: Not Disclosed
Cash Flow: $159,487
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $800,000
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 435062497
Broker Reference #: Not Disclosed

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Business Overview:

This extremely attractive business was established in 1976 and is available now only due to the impending retirement of the owner.

The business is a fixture in the Mobile market and has a well-deserved reputation for outstanding customer service. Employees include a general manager, an assistant manager, and 5 additional full-time employees plus several part-time sales clerks.

All furniture, fixtures, equipment, recipes, and inventory-for-resale are included in the sale of the business. The sale also includes the well-known trade name which has been in constant use now for 47 years. The level of inventory-for-resale included will be a minimum of $178,000, which has been the customary level in recent years.

Lease terms are excellent in a very visible shopping center located on a high traffic count major street in the city.

The company currently offers a new owner an excellent base of earnings with several avenues available for expansion. Consider the investment advantages of owning this business:

• The products and menu items have been tested and refined over a timeframe of many years and found excellent acceptance in the marketplace.
• A base of very loyal repeat customers is established and serves as an excellent platform for expansion.
• The location is well-known and has proven advantageous.
• Valuable vendor supply relationships have been established for some of the top products in the country.
• Trained employees are in place including managers.
• The owner is committed to a seamless transition and will thoroughly train a new owner in all aspects of the business.
• And maybe most important of all, the new owner will experience significant positive cash flow from the first day of ownership.

This rare business opportunity is being marketed confidentially. For additional information, please contact William Bruce from this website. A confidentiality agreement and qualifying financial information are required.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Owner is retiring.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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