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Asking Price
$195,000

Annual Cash Flow $50,000

Annual Revenue $400,000


EBITDTA:

FF&E: $175,000

Lease Rate: $3,556

Ref ID:

Established: 2018

Business Description

Superbly located and established, this reputable local food service provider capitalizes on high foot traffic, excellent visibility from a busy street, easy access, ample dedicated customer parking, and a wide spectrum of food choices. Exceptionally well reviewed, and with a loyal, repeat clientele at the foundation of its proven success, the restaurant also caters to the retail and commercial tenants, institutional and corporate employees. Consistently busy lunch and dinner service targeting the fast This business is a delicious Hawaiian/Asian style quick service restaurant. casual sector anchors the business model. Predictability is the norm, with minimal seasonal fluctuations and steady flow of business throughout the week and into the weekends. The restaurants success is attributable to a combination of all original, proprietary recipes, excellence and efficiency in customer service, healthy meal options, and tried and true crowd favorites served with a unique, authentic flare. The restaurant has successfully navigated the pandemic related challenges of 2020. The versatility and the resilience demonstrated by the business model enabled the restaurant to pivot and switch between the allowable combination of dine in, take out, and delivery modes of service and to remain operational and guideline compliant. Buy this yummy restaurant because it will be gobbled up soon.

Annual revenue was $435,000 in 2019 and still did $344,000 in 2020.

Detailed Information

State:AL

Listing Agent:David Chew

Inventory: Included in asking price

Real Estate:

Building SF: 1700

Employees: 7

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

City:Mobile

Phone:251-278-8171

Support & Training: 30 days training and support

Reason for Selling: More time with Family