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Extremely Profitable Waterfront Restaurant
Location: United States -> Mississippi -> Biloxi
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This extremely profitable waterfront restaurant and bar business for sale on the Mississippi Gulf Coast has been in operation for over 3 years. Restaurant has a nice size outdoor deck and patio area for watching sporting events and enjoying the magnificent coastal weather. Business occupies a lease space of approximately 4,500 sqft. Approximate revenue generated last year was $1.5M!
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. Nature lovers and outdoor enthusiasts will find our climate and natural activities second to none. Whether you take an eco-tour to view the wildlife or rent a kayak and paddle on one of our unspoiled rivers and bayous, you are certain to unwind while experiencing nature at its most pristine.
Owner has decided to sell due to relocation and must sell now! Seller will help train new owner on this easy to own and operate business. Owner will consider some seller financing for a qualified buyer with a reasonable down payment. Contact us today before the season gets cranked up and get in on this great restaurant and bar opportunity! Come see the owner, taste the great food, see the amazing view, make offer!


Financials

Asking Price Range:  < $250K
Gross Revenues:   $1,500,000
Cash Flow:   $250,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  Yes

About The Business

Year Established:  2012
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Available
Reason For Selling:  Owner Relocating




Print Listing Id: 700240077
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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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