Restaurant-Breakfast & Lunch Only-Owner Financing

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Asking Price:
$289,000

Gross Revenue:
$1,359,434
Cash Flow:
$115,711
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
included in asking price

FF&E:
$200,000
included in asking price

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Business Description

Upscale full service restaurant that serves high-quality breakfast, brunch and lunch dining. The atmosphere is sophisticated yet totally casual and with an emphasis on a true southern experience. The menu features innovative dishes for breakfast along with the more traditional bacon and eggs. Bruch will see a waiting list of customers because of the creative menu that include: omelets, French toast, pancakes, benedicts, seafood brunch items, shrimp & grits, build-your-own bloody Mary, mimosas and much more. Lunches will have club sandwiches, burgers, shrimp, soft-shell crabs and a full bar. The business is only open from 7:00 AM to 2:00 PM, making this a very appealing operation. The location is on the busiest road in Mobile, Alabama. This is a franchise and complete training is provided. The franchise web site states that the minimum investment to open a start-up location is $368,000, this established location is available for less than this investment, plus sales are already over $1,350,000 for the first year of operation.

About the Business

Location:
Mobile, Alabama
Year Established:
2017
Number of Employees:
10/20
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
5,200
Rent:
$8,833.00 Per Month
Facilities:
Located on the busiest highway in Mobile. All new equipment and very upscale interior.
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About the Sale

Reason For Selling:
Other opportunites
Training/Support:
Franchise and Seller training

Listing Info

ID:
1629761
Ad Detail Views:
0

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Business Listed by

Gregory Evans

Sunbelt Business Brokers and Business Brokers South

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Sponsoring Broker:

Lanier Chew, CBI
Sunbelt Business Brokers and Business Brokers South
License# 61085


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