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Successful Bar and Restaurant

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Mississippi   |  Food and Beverage Businesses for Sale – Bars and Taverns for Sale   |  Businesses for Sale Between $250k and $500k

Asking Price:
$325,000

Gross Revenue:
$850,000
Cash Flow:
$148,000
EBITDA:
$148,000
Inventory:
$14,000
included in asking price

FF&E:
$80,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Don't miss out on this new listing located in the heart of the Mississippi Gulf Coast. This well established Bar and Restaurant offers all the amenities to attract both local customers and tourists. The wide variety of food and drinks along with the entertainment provided keeps patrons coming back to enjoy this establishment on a regular basis.
The facility has lots of room both inside and out to enjoy a pleasant time for both lunch and dinner.

About the Business

Year Established:
2006
Number of Employees:
15
Facilities:
There is 2100 Sq Ft of space indoors and 1200 Sq Ft additional outside seating space. Total seating capacity is 225. Inside there are two bar areas with seating in one section, restaurant seating area, a complete kitchen, restrooms, storage and office space. Parking available nearby.
Excellent staff in place and available to new ownership.
Market Outlook/
Competition:
Located in ideal area for consistent business from local traffic as well as tourists. The location is in a excellent growth area for both commercial development and residential expansion.
Growth & Expansion:
Growth can be enhanced with expanded marketing and advertising campaign. Adding a once a month event headed by employees and maintaining excellent customer service. Expansion could also grow with adding a catering service.
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About the Sale

Reason For Selling:
Other business interest and moving out of state.
Training/Support:
Available training for two weeks at no cost.
Cash Flow Comments:
EBITDA: $148,000

Listing Info

ID:
1399907
Ad Detail Views:
469

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Business Listed by

Lauren Drummond

Coastal Consultants LLC

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