Eating and Drinking Places
Financial Information
- Asking Price: $890,000
- Gross Revenue: $1,600,000
- Cash Flow: N/A
- Down Payment: 0
- FF&E (Included): $207,000
- Inventory: $10,000
- Financing: Yes
Business Location
- Shelby
- Confidential
- Tennessee
"Confidentiality Notice" This business produces and sells a product that is well known around the MidSouth. Further information about the business as well as financial information can be obtained by contacting: Sonny Adams Sunbelt MidSouth 901-748-3111 sunbeltmidsouth.com
Competition Description
This company is the leader in the market. It is recognized name in the state for it's product.
Growth / Expansion overview
The company volume is increasing daily as the advertising plan in place draws in the customer for the first visit. It is number one in name recognition. Expansion to other locations in the metro area as well as other cities would be a logical possibility for a new owner.
Support / Training Comments
Training and support will be provided inside the asking price.
Financing Comments
Seller will provide partial financing for a qualified buyer.
Reason For Sale
Owner Retiring- Home Based: No
- Year Established: 2009
- Franchise: Yes
- Year Acquired: 2009
- Willing to Train: Yes
- Relocatable: No
- Required Licences:
- Is Property Leased: Yes
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Days Open: Mon - Sat
- Hours Open: 10am - 7pm
- Fulltime Employees: 11
- Part time Employees: 20
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Monthly Rent: N/A