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Fine Dining Restaurant Business For Sale
Location: United States -> Mississippi -> Jackson County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This fine dining restaurant business for sale is located in a Southern coastal town in Jackson County, Mississippi. The restaurant is being offered at a reduced price, the owner has a professional career requiring more of her/his time and would like to sell. It is located in a very exquisite area well known to locals and tourists. The store caters to the affluent, upscale clientele that values quality and service over price. The average meal ticket is very high for the area. The restaurant is very elegant, modern, neat, clean, and has a wonderful ambiance. It features beautiful furnishings and ddĂcor. The operation is very stream lined with new security systems in place and a point-of-sale system. All furniture, fixtures and equipment are in excellent condition and host a well-equipped up-to-date kitchen. Food costs are very much under control and labor costs are below average.
This is a very well-run restaurant being offered as a turnkey operation. The current owner will help train new owner and be available for future consultations if needed. There is very little turn over and could be operated by passive owner or a great opportunity for an owner operator. Sales are steadily increasing and profit margins are much higher than an average restaurant. There are also catering opportunities available. The assumable lease is for approximately nine more years and landlord is open to options in the future. Restaurant is making a profit and is projected to sustain an owner operatorrâ?s livelihood. This is a fun and entertaining business to own and easy to operate. Come see this fine dining restaurant business for sale, meet the owner, make an offer. 100% owner financing to qualified restaurant operator.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $250,000
Cash Flow:   $80,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $81,200
Seller Financing:  Yes

About The Business

Year Established:  2012
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Available
Reason For Selling:  Other Business Interests




Print Listing Id: 700201795
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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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