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Businesses For Sale   >>   Mississippi Businesses For Sale

Established Family Restaurant For Sale

Location  Mississippi,United States
Asking Price Range  < $250K
Gross Revenues  $415000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1973
Number of Employees  10 - 19
Inventory  57000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Available
Reason for Sale  Retirement

Description  
This very popular family restaurant business for sale is found right on Brookway Boulevard in Brookhaven, Mississippi. This food establishment has been well-known for its delicious southern fare for over 40 years. The business has a great cash component through cash sales. Revenue can easily be increased by adding catering and/or updating the pricing strategy. A seasoned restaurateur would also have the ability to increase sales and sales margins. The building and real estate are optionally available for purchase, which includes a large approximately 5,431sq ft. building on about .53 acres. Seller, due to a heart condition and the desire to retire, has made the decision to maintain the business and not update and upgrade or raise prices in some time. Competition exists on Hwy 51 and further down Brookway Boulevard. Loyal customers come from the immediate area, and people from 20 miles around to enjoy food and service at this longstanding buffet-style family restaurant. With 150' of street frontage there is plenty of parking right in front of the restaurant. A large number of food and retail establishments draw people right to the area all week and all weekend long. Brookhaven, Mississippi is known as the "Home Seeker's Paradise," and people come from all around Mississippi, Tennessee and the South to visit. The area is home to outdoor events which is attracting significant commercial investment. This is increasing expansion and adding more workers and revenue to the area. Seller is very motivated to divest this esteemed family restaurant business for sale. Seller will train the new owner on this very fun to own and operate business. Seller is open to substantive offers and will seriously consider and promptly respond to all reasonable offers. The potential in a family restaurant like this cannot be realized until it is seen! Come see this restaurant right on the "Main Street" of Brookhaven, MS. Meet the owner, make an offer.


Click Here To Contact Seller


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