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Seafood Restaurant With Real Estate
Location: United States -> Mississippi
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Restaurant business for sale on the Mississippi Gulf Coast. The price of $895,000 includes a beautiful home next door to the restaurant. The home and restaurant are all new since 2006, and the home has a balcony overlooking the navigable waterway and a heated swimming pool. This price has recently been reduced.

This is a turn-key operation. The owner is willing to train and help get you acclimated. The restaurant is located in the Mississippi Gulf Coast area which is well known for great seafood, steaks, gumbo, and crawfish. This restaurant business for sale does some local traffic but serves mostly vacationers returning year after year. The location is on the water and includes a home (lots of amenities) located next door on the property. The home can be easily rented or converted into another business. The restaurant and home are fairly new buildings although the restaurant has been in business since 2004. It was destroyed in 2005 from hurricane Katrina. Building, fixtures, equipment have all been replaced since 2005. It can be accessed by auto or boat.

This restaurant business for sale is great for a family wanting to run a business and live nearby. Owner is willing to negotiate some financing and would be willing to sell business without property, include the home, or rent the home. Owner is offering a lot of flexibility.

The Mississippi Gulf Coast overlooks the sparkling Gulf of Mexico and has 62 miles of scenic shoreline. Beach vendors offer Jet Ski, aqua cycle or even rent a Catamaran. The coast is also known for world-class golf courses, fishing, and hunting, art museums that will inspire you, historical museums or 24-hour gaming at one of the coast's casino resorts. With our sub-tropical climate, outdoor activities are a year-round option for the Gulf Coast. Your children will love it here, with great schools and plenty of activities for youth of all ages.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $700,000
Cash Flow:   $100,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $45,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2004
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Available
Reason For Selling:  Other business interests




Print Listing Id: 700187251
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Mississippi Businesses For Sale > Mississippi Franchises For Sale > Mississippi Business Brokers



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