Business For Sale Listing 154467
Pensacola Area Franchise
Status as of Nov-22-2008 at 05:59 PM: Active
Business Summary
Pensacola Area Franchise
Location: Alabama > Escambia County > Atmore
Industry: Food and Beverage > Restaurants
Business Summary
Tracking towards $450K in sales for 2008. This long standing franchise has been one of the few mainstays in this small southern Alabama town. Located on the major thoroughfare to Pensacola, Destin FL resort areas. This business has a long standing (13 years) presence in the community and offers great stability along with the comfort of a well recognized franchise. This is a great opportunity to live and earn a living in the coastal Alabama area. Some updating of the current facility and this restaurant will be ready to run for the next several years. Seller is willing to consider selling the business for $100K and leasing the space for $3,000 per month for 10 years to the right buyer.
Financials
Asking Price: $500,000
Gross Revenue: $430,000
Cash Flow: $42,000
Real Estate: $400,000 (Not Included in Asking Price)
Seller Financing: Negotiable
About the Business
Year Established: 1994
Employees: 6 full time - 8 part time
Franchise: Yes
Facilities: Free Standing Building
Market Outlook and Competition: Best food in town!
About the Sale
Management Training and Support: 2 weeks corp. 2 weeks owner
Reason For Selling: Retirement
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand (450,000) |
| Profits: |
Operating at Breakeven (42,000) |
| Profit Type: |
Not Disclosed |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand (500,000) |
