Full Service Ethnic Themed Restaurant & Sports Bar

$550,000
Buy Business

3019

Business ID

3800 SqFt

Size

20

Fulltime Employees

Description

This is a well known, profitable, ethnic themed restaurant and sports bar located in a growing market. They have experienced growth year after year, and made a revenue over $1,500,000 for 2017! The upgraded building, full late night menu, and a new delivery service has positioned them for continued growth. Their menu includes a variety of both ethnic and American options to ensure that they reach a broad target market. Indoor and outdoor seating is available and typically offer a view to one of the 17 TV’s located throughout the facility. Key employees and managers are all in place for a new owner coupled with an established menu and recipes. This is a turn-key business and great opportunity to own a very profitable restaurant in Mobile, AL.

Competition Description
This full service restaurant and sports bar is located on the corner of a very busy intersection and benefits from a long history of serving customers from this prime location. Specialty foods coupled with American cuisine and a late night menu make this a unique and sought after eatery.

Growth / Expansion overview
The business just added delivery service and has already seen the increase in revenues. Additional marketing of this service and their UFC events will have a positive impact on sales.

Support / Training Comments
The owner will train the buyer up to 60 days if needed to ensure a smooth transition.

Address

  • Country: United States
  • Province / State: Alabama
  • City / Town: Mobile
Open on Google Maps
  • Business ID 3019
  • Purchase Price $550,000
  • Business Type Bar, Restaurant
  • Business status Buy Business
  • Fulltime Employees 20
  • Year Established 2010
  • Size 3800 SqFt
  • Label $175,000+ Cash Flow
  • Gross Revenue $1,149,363
  • Cash Flow $177,280
  • FF&E (Included) $75,000
  • Inventory $26,000
  • Real Estate Asking On Request
  • Monthly Rent On Request
  • Seats 100
  • Reason for Sale Relocating out of state.

Contact

Lanier Chew

Property Agent
2518020516
sunbeltbroker@hotmail.com
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