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Alabama Business For Sale

 

LOCAL FAVORITE BAR AND RESTAURANT


Attn: J.C. Snowden II
Auburn, AL, USA
Listing #: 584211670
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Asking Price: $2,100,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Owners agreed to sell after 5 years
Year Established: 2003
# of Employees: 50
Yearly Gross Income: $1,776,887



Business for Sale Overview:
Auburn Alabama local favorite franchised bar and restaurant with prime real estate location for sale. This is an Auburn favorite with customers consisting of students and local residents. This is a must see operation with continued growth potential. Real estate value is over $1.65 million and the business is priced to sell at $450,000. Gross sales are over $1.7 million. A nondisclosure is required before any financial information is released.

Property Features and Assets:
Included in asking price is $1,650,00, 49,658 square foot site with 4,811 building located on well traveled road. Traffic count over 21,000 cars per day. Fully equipped kitchen nicely decorated decor. Easy access to university campus as well as residential neighborhoods and local businesses. $300,000 in Furniture, Fixtures & Equipments included.

Market Competition and Expansion:
Continued growth and sales with the addition of events that draw nightly customers set it apart from other Auburn eating establishments.


Additional Details:
  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner may be willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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