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BUSINESS FOR SALE - Detail Information
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| Contact Information |
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Roberta Caputo
Empire Business Associates, Inc
450 SW 12th Avenue
Deerfield Beach, Florida 33442
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| Office: | 954-596-8060 |
| Fax: | 954-596-8919 |
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| Southern Style Restaraunt |
Listing id: 20175 |
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Active |
Alabama
Mobile County
| Price: $350,000
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| Type: Fine Dining Restaurant
| Reference #: 26409040
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| Business Detail Information
| Lease Information
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| Form of Ownership:
| L.L.C.
| Leased SqFt:
| 6,000 SqFt
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| Year Established:
| 1982
| Rent (Include NNN):
| $2,000 / Month
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| Accounting Info(years):
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| Lease Exp.Date:
| 02/05/2011
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| Franchise:
| No
| Original Lease (# of yrs):
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| Liquor License:
| No
| 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:
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| Training Available:
| Yes
| Lease Transferable:
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| Viewing Instruction:
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| Rent Increase:
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| Hours of Operation:
| Sun 11-3, Weds 11-9, Thurs-Sat 11-9 (In season)
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| Price Description
| Financial Information
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| Real Estate Included:
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| Seller Cash Out:
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| Real Estate Value:
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| Seller Term Available:
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| Fixture & Eqmt Included:
| Yes
| Financing Amount:
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| Fixture & Equipment Value:
| $150,000
| Financing 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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| Annual Income Information
| Labor Information |
| Gross Sales:
| $496,031
| Full-Time Labor(#):
| 6
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| Cash Flow
| $85,183
| Part-Time Labor(#):
| 12
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| Business Description |
| A long established loal favorite, doing a wonderful business.This is a turnkey operation. Daily lunch buffet serving a feast of old Southern cooking. The building is rustic,large and spacious with a private dining area attached capable of seating upto 175 people. Good books and records. The owner is also willing to do a lease option on the building with low monthly rent
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