Mobile: 251-626-4949

Long-Established Restaurant On Busy Road Includes Real Estate

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Asking Price
$499,000

Asking Price Notes:

Annual Cash Flow $55,000

Annual Cash Flow Notes:

Annual Revenue $350,000

This business is Cash Heavy

EBITDTA:

EBITDTA Notes:

FF&E: $75,000

FFE Notes:

Lease Rate: $0

Ref ID:

Real Estate: $450,000

Established: 1968

Business Description

Located in the Escambia County Alabama, Marks is well established Fast Food Restaurant has been serving homestyle meals for over 56 years. With a loyal customer base and a prime location, the business generates over $350,000 in annual gross sales. Real Estate Owned, ensuring long term stability. Known for its welcoming atmosphere, generous portions, and top tier service, this diner is a favorite for breakfast and lunch, offering a nostalgic dining experience. The business is run owner operated, with both owners running the day to day business. It being a staple of the community the customers welcome new changes and good food. Listing agent has been a customer for 17 years and has spoken with many customers looking forward to being able to keep supporting this staple restaurant.

Detailed Information

State:AL

Listing Agent:Micah Hammac

Inventory: Included in asking price

Real Estate:

Building SF: 2800 1st Floor 1100 2nd Floor

Employees: 2

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

City:Other

Phone:(251) 257-6259

Facilities: Upstairs Office And Storage

Support & Training: 30days

Reason for Selling: Retirement

Growth & Expansion: More Hours, add employees, remodel, Prices haven't updated in 10 years.

Financing: Substantial Down Payment with Interest


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