Seafood Restaurant For sale

Carriere, MS
Asking Price:$700,000
Inventory:$18,000
Real Estate:$800,000
Gross Revenue:$750,000
FF&E:$100,000
Established Year:2003
BUSINESS DESCRIPTION

Profitable Seafood Restaurant

Jack's Fish House is on the market. Established for 20 years with excellent ratings on Google and Facebook, this owner-operated restaurant thrives on success but can run independently with the current team handling daily operations. Operating hours are from 4-8pm, Thursday through Saturday. The 5000 sqft building initially designed to be converted into apartments offers easy transformation possibilities. The roof was replaced three years ago. Additionally, there's a 1200 sqft house utilized for office space and storage, which also has potential as a rental property. The lot includes a 25x40 concrete slab, over $100k in equipment, and spans 2.5 acres.The business and property hold significant untapped potential. Adding Sunday lunch service previously contributed an estimated $190,000 in sales and was a successful venture. However, we chose not to resume this service after reopening post-COVID-19 closures.


DETAILED INFORMATION
Location
Carriere, MS
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,000
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
5000 sqft building that is the restaurant. When the building was built, the original owners had it prepped to be apartments if the restaurant didn’t work out! Could easily be converted! The roof was replaced 3 years ago. 1200 sqft house that is used for office space and storage. Could be a nice rental, but we use it for office space. 25x40 concrete slab on the property! $100k + in equipment 2.5 acres
Competition
For our business the market always fluctuates, but usually brings in about the same yearly!
Growth & Expansion
We have been open for lunch, and Sundays! Sundays could bring in additional sales from $3-$5k weekly! Lunch on Friday could bring in another $1-2k weekly! I currently do not offer catering! Which is a big request that we get often!
Financing
No
Support & Training
Will offer 30 day full training for turn over, and any assistance after that wouldn’t be an issue!
Reason for Selling
I have been in the business for 8 years, I’m ready to step down and semi retire!
Home-Based
This business is Home-Based

BUSINESS LOCATION
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Scotty Welch
Scotty Welch