Catylist ID:
#30843637
Osman's - Price Reduced - Award Winning Restaurant
Business Opportunity
for Sale
| Catylist Listing ID: | 30843637 |
| Property Subtypes: | Food and Beverage |
| Building Size (RSF): | 1,500 SF |
| Sale Price: | $148,750 - 348,750 |
| Name of Establishment: | Osman's Fine Dining Restaurant |
| Business Website Address: | https://www.osmans.us/ |
| Year Business Established: | 2000 |
| Gross Revenue: | $456,000 (Annual) |
| Cash Flow: | $103,000 (Annual) |
| Cash Flow Type: | Sellers Discretionary Earnings |
| Sale Terms: | Cash at closing, some seller financing may be available depending on buyer's creditworthiness. |
| Last Updated: | 9/8/2023 |
Overview / Comments
|
Business is operating, do NOT contact Sellers or employees directly or Seller will not deal with you as a buyer. All communications must go through Listing Broker. *Sellers are motivated to find successor for business (asking $148,750) and Real Estate is available for purchase for $200,000. Operating for over 22 years, the co-owners/head chef work have worked together to bring a unique and elegant fine dining experience to the Gulf Coast. European atmosphere that specializes in elegant cuisine and select gourmet desserts 5 nights a week by reservation only. Exquisite dining area equipped with a full bar and an extensive wine selection. This restaurant is highly praised by its customers and recognized as one of the highest rated fine dining restaurants in the local area. Mobile's Lagniappe "Nappy" Award Winning Restaurant! If you would like to become the new owner of this establishment, please reach out immediately. |
Additional Details
| Nearest MSA: | Mobile |
| County: | Mobile |
| Industry Segment: | Restaurants |
| Reason for Selling: | Retirement |
| Value of Inventory Included ($): | $25,000 |
| Value of Furniture, Fixtures, and Equipment ($): | $40,000 |
| Real Estate Status: | Real Property |
| Value of Real Estate Included ($): | $200,000 |
| Employee/Labor Description: | Do Not Contact Employees |
| Growth/Expansion Opportunities: | Only Open Limited Hours. Opportunities are to be open more days, and add lunch, if desired. Otherwise, a perfect lifestyle restaurant. |
| Seller Financing Description: | Contact Listing Broker |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 8,841 | 79,557 | 163,259 |
| Median Age: | 33.42 | 34.44 | 36.82 |
| Households: | 3,147 | 32,251 | 65,952 |
Contact
Bill KleinschrodtWRK Real Estate, Inc.Gulf Coast CMLS Member |
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