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Bar and Eatery

Mobile, Alabama (Mobile County)

Retail - Bars/Taverns | Retail - Other Eating & Drinking Places

Asking Price $75,000 Inventory $3000* 
Gross Income $250,000 Real Estate  
Cash Flow Not Disclosed Year Established 32
FF&E $65,000* Employees 2

* included in the asking price

** not included in the asking price

This well established bar and dining establishment has been in business for 32 years by the same owner. It is in a great location. On one side just about half mile is the University of South Alabama, which has 18,000 students. Just beside campus is the largest Tennis facility in the US. It has major USTA Tournaments that brings in an additional 2500 players per tournament. On the other side is the most affluent neighborhoods in Mobile. With these 3 components in the surrounding areas; this establishment cannot help but be successful. The owner is truly burned out and wants to move in another direction. They generate cash-flow in 3-areas.....Bar, Food, and Video Games. Don,t miss this opportunity. For more information, please call Leonard Allen 251-626-4949 Cell 251-554-9947 lenallenjr@yahoo.com

Facilities: The building is 5500 sq. ft. Close to University of South Alabama which has 18,000 students.

Competition: Location is the key to this bar.

Growth/Expansion: Could offer discounts to surrounding neighborhoods. Also; cater some of the Tennis Events.

Financing: Owner would consider financing

Support/Training: Owner would train for 30-days

Reason Selling: Burned out... New Direction in life

AD # 307845

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