Reel in Success: Established Seafood Restaurant Now for Sale!

Mobile, AL
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Asking Price:$549,999
Gross Revenue:$1,583,488
Established Year:2007
Cash Flow:$165,729
Rent:$10,800/Month
BUSINESS DESCRIPTION

Calling all restauranteurs! Take a look this Established Seafood Restaurant for Sale in Mobile, AL. A highly successful independent concept, this opportunity is generating sales of $1,583,488 and Seller Discrenary Earnings of $192,415 for the current owner. Lending available! Established in 2007, they have been serving some of the Best Seafood in Mobile since 2005. This Established Seafood restaurant for sale is Open Monday thru Saturday. Closed on Sunday.Established in 2005, this Establsihed Seafood Restaurant for Sale is a local opportunity with a loyal customer base that is ready for new ownership since the seller is retiring from the Food Buisness. Not to mention the buisness they get from travelers and tourism. The best part of an independent concept like this one? There are no royalty fees, ad fund fees or transfer fees! That's more money for you from the $1,583,488 they are doing in volume. This is a highly profitable restaurant.Recipes, name and concept transfer to you in the sale of this location offered by the Restaurant Brokers at We Sell Restaurants. We will also work with you to transfer or acquire the license to operate. Invest in your future with this Established Seafood Restaurant for Sale. Your investment will provide you the opportunity for success, and it doesn't even hurt that there are some perks to being your own boss! An independent concept like this Established Seafood Restaurant for Sale can be a rewarding business venture for someone passionate about owning a restaurant. Our preferred lenders will look at this listing for lending if you have strong credit and experience in the business. Then keep the current concept or develop your own! The choice is yours for this Established Seafood Restaurant for Sale. Either way, you know this opportunity was built from a strong foundation of success. Why spent years working and managing a restaurant for someone else? You know you're ready for the independence of your own business, so why not this Established Seafood Restaurant for Sale. Put your talents and experience to work for you! The Established Seafood Restaurant for Sale resides in a 7000 square foot space. Monthly rent is set at $10,800, and the current lease agreement is valid until 10/1/2030 . Further options are avalaiable. The space also includes a corner loacation with high visibilty to the road front. Parking is shared with more then enough to fill the restaurant twice. Being the store front is very wide, the signage is huge for maximum visibilty. What are you waiting for? This Established Seafood Restaurant for Sale won't last long, so be sure to secure your offer. Call or email the restaurant brokers today!
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DETAILED INFORMATION
Location
Mobile, AL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
7,000
Lease Expiration
01/10/2030
Employees
12
Facilities
Available upon request.
Competition
LOCATION LOCATION LOCATION. ONE OF THE BUSIEST INTERSECTION IN MBOILE AL. OVER 70K CARS PASS THRU THE INTERSECTION DAILY. CLOSE PROXIMITY TO 15 MAJOR HOTELS. REVOLVING NEW CUSTOMERS EVERY
Growth & Expansion
BEEN IN BUSINESS FOR OVER 17 YEARS HIGH TRAFFIC CLOSE PROXIMITY TO MAJOR HOTEL. STRONG FINANCIAL YEAR AFTER YEAR
Support & Training
OWNER WILL PROVIDE 30 DAYS OF TRAINING AT NO CHARGE OWNER WILL CONTINUE TO WORK FOR ANOTHER 60 DAYS WITH PAY IF NEED IT
Reason for Selling
Retirement
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Jim
Broscious
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Jim Broscious