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Restaurant
Location Mississippi,United States
Asking Price Range $250K - $500K
Gross Revenues $375000
Net Profit / Cash Flow $375000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2006
Number of Employees 6 - 9
Inventory 275000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks or whatever is needed.
Reason for Sale Owner looking to relocate and needs help.
Description Looking to sell restaurant. It's a sports bar and grill located in one of the fastest growing counties in the US! Owner is looking to relocate due to family medical issues. The restaurant is really great - has a great staff, strong management and lots of potential! At the present, it has been open more than one year, and is treading water. Sometimes it's a little below water, meaning I've contributed to make the bills each month but nothing substantial. Other months, we are able to make ends meet and are looking to expand into pizza. There are many opportunities with this business - there is a full business plan with projects, and is in a hot location. There are 3 hotels being built within walking distance, and there is a new subdivision being built close by. Pleaes let me know if you have any additional questions. I'm not looking to get any investment money back - I'm looking to break even or a slight loss. There are loans but if you have the financing or don't need a loan, it would be profitable from the get go. Asking price is $483,000 which includes all equipment, logo, business, etc. There are 4 big screen TV's and multiple smaller TV's. Really great business - let me know if you have any questions or would like to buy it!! Contact for website and more information on this Restaurant for sale.
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