Listing Number: 24876-619453
Description
*Sellers are motivated and Real Estate is available for purchase
*Biz. Purchase Priced ~1x Cash Flow; high rate of return compared to peers.
Operating for over 22 years, the co-owners/head chef work have worked together to bring a unique and elegant fine dining experience to the Gulf Coast.
European atmosphere that specializes in elegant cuisine and select gourmet desserts 5 nights a week by reservation only. Exquisite dining area equipped with a full bar and an extensive wine selection.
This restaurant is highly praised by its customers and recognized as one of the highest rated fine dining restaurants in the local area. Mobile's Lagniappe "Nappy" Award Winning Restaurant!
If you would like to become the new owner of this establishment, please reach out immediately.
Listing Details
- Price: $ 128,750
- Down Payment: $100,000
- Sellers Discretionary Earnings: $ 120,000
- Total Sales: $ 456,350
- Location: Mobile County, Alabama
- Inventory: $ 25,000
- FF&E: $ 40,000
- Employees: 6
- Year Established: 2000
- Reason for Selling: Retirement
- Category: Restaurants
