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| Asking Price: |
$245,000  |
Status: |
Active |
| Business Type: |
Food and Beverage Businesses | Fine Dining Restaurant |
Reference #: |
26409050 |
| Business Location: |
Alabama |
Broker Coop: |
Yes |
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Mobile County |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$473,827 |
Full-Time Employee: |
14 |
| Cash Flow: |
$83,700 |
Part-Time Employee: |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
S Corporation |
Leased SqFt: |
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| Year Established: |
2000 |
Rent /Month (Include NNN): |
$2,306 |
| Accounting Info(years): |
1 |
Lease Exp.Date: |
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| Franchise: |
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Original Lease (# of yrs): |
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| Liquor License: |
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Lease Left (# of yrs): |
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| Seating Available(#): |
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Lease Option (# of yrs): |
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| Parking Space(#): |
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Lease Renewable: |
Yes |
| Hours of Operation: |
Monday - Friday 11a.m. - 3p.m. |
Lease Transferable: |
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| Reason For Sale: |
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Rent Increase: |
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| Seller Training Available: |
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Price Description |
Financial Information |
| Real Estate Included: |
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Seller Cash Out: |
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| Real Estate Value: |
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Seller Financing Available: |
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| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
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| Fixture & Equipment Value: |
$50,000 |
Seller Financing Term(years): |
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| Inventory Included: |
Yes |
Annual Interest Rate: |
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| Inventory Value: |
$5,000 |
Min. Down Requested: |
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Business Description |
This is an excellent extremely busy Cafe opened for Lunch 5 days a week.This is a well known local Favorite.There is a tremendous opportunity to increase business by opening 7 Days a week and also for Breakfast .Potential to increase sales by 200k the first year.Owner has not managed properly because of health reasons. |
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