Listing Number: 24876-258985
Description
A well-established Po-Boy and Seafood restaurant located in the heart of South Mississippi is available for sale. This thriving restaurant has become a local favorite, known for its delicious seafood dishes and authentic Po-Boys. With a dedicated team of 9 full-time and 3 part-time employees, the restaurant has successfully generated annual sales exceeding $500,000.
The seller, after years of dedication to the business, is now looking to sell in order to spend more time with family. This presents a unique and lucrative opportunity for an aspiring restaurateur or an experienced operator looking to expand their portfolio.
Investment Highlights:
Established Reputation: The restaurant enjoys a strong reputation and loyal customer base, providing a solid foundation for continued success.
Prime Location: Situated in South Mississippi, the restaurant benefits from high foot traffic and visibility, contributing to consistent sales and growth potential.
Experienced Staff: With a team of experienced and reliable employees, the new owner can seamlessly transition into the business without immediate staffing concerns.
Proven Sales Performance: Generating over half a million dollars in annual sales, the restaurant has demonstrated its profitability and market demand.
Growth Opportunities: There is significant potential to expand the business further through extended hours, additional menu offerings, or increased marketing efforts.
Turnkey Operation: The business is fully operational and equipped with all necessary assets, making it a turnkey opportunity for the right buyer.
This Po-Boy and Seafood restaurant represents an excellent investment for those looking to enter the food industry or expand their existing restaurant operations. The combination of its established presence, loyal customer base, and prime location in South Mississippi makes it a highly attractive acquisition.
Listing Details
- Price: $400,000
- Down Payment: $350,000
- Sellers Discretionary Earnings: $71,790
- Total Sales: $608,274
- Location: Hancock County, Mississippi
- Inventory: $5,000
- FF&E: $25,000
- Employees: 12
- Reason for Selling: Downsizing workload
- Category: Restaurants
