Listing Number: 24876-523300
Description
Situated in the heart of Hattiesburg, MS, this centrally located restaurant presents a compelling opportunity for ownership. Located near the University of Southern Mississippi (USM) and conveniently near the corner of Highway 49 and Hardy Street, this establishment benefits from high visibility and foot traffic. With its prime location and included real estate, this restaurant offers potential for a variety of culinary ventures.
Real Estate Inclusion
Included in the sale is the property housing the restaurant, providing stability and an opportunity for future expansion or development projects. Real Property has recently been appraised supporting the list price.
Investment Opportunity
This opportunity is ideal for individuals seeking to invest in the restaurant industry in a prime location with included real estate. With strategic management and marketing efforts, there is significant potential to revitalize and grow this establishment into a profitable venture.
Real Estate Listed with William Kleinschrodt with WRK Real Estate
Listing Details
- Price: $2,400,000
- Down Payment: $2,400,000
- Sellers Discretionary Earnings: $320,285
- Total Sales: $1,397,488
- Location: Forrest County, Mississippi
- Inventory: $10,000
- FF&E: $576,312
- Employees: 25
- Reason for Selling: Downsizing workload
- Category: Restaurants
