Daphne: 251-626-4949
Pensacola: 850-473-2221

Full Service Ethnic Themed Restaurant and Sports Bar

Pictures are stock images and are not indicative of the actual business.

Asking Price
$529,000

Asking Price Notes:

The total asking price of the business for sale.

Annual Cash Flow $220,000

Annual Cash Flow Notes:

Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.

Annual Revenue $1,400,000

All income the business received before any cost-of-sales or expenses have been deducted.

EBITDTA: N/A

EBITDTA Notes:

Earnings Before Interest, Taxes, Depreciation and Amortization

FF&E: $75,000

FFE Notes:

Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending

Lease Rate: $0

Ref ID: JES052217

Established: 2010

Business 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 are actually annualizing at over $1,500,000 for 2018! 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.

Detailed Information

Inventory: Included in asking price

Real Estate: Leased

Building SF: 3,800

Employees: 20

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

Phone:251-232-6695

Facilities: Great looking facility as the building was recently upgraded inside and out. Seating for just over 100 customers with parking on site. Five year lease with an option for another five years. Sale includes all furniture, fixtures and equipment and even come

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

Reason for Selling: Relocating

Lease Expiration: N/A

Growth & Expansion: 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.

Competition: 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