Sell a Business!
Post a business for sale for as little as $99.95! |
|
|
Alabama Business For Sale |
|
|
|
| FAIRHOPE RESTAURANT, VERY PROFITABLE |
|
|
|
| Attn: William Bruce |
|
| Fairhope, AL, USA |
|
|
|
|
|
|
| Asking Price: |
|
$155,000 USD USA Dollars |
| Business for Sale Industry: |
|
Food & Beverage: Restaurants, Fast Food, Deli |
| Reason for Selling: |
|
Family / Health / Personal |
| Yearly Revenues: |
|
$494,543 |
| Yearly Cash Flow: |
|
$74,428 |
|
|
|
|
|
|
Business for Sale Overview:
|
|
This upscale Fairhope restaurant is well established with an excellent reputation. The customer base is mostly local with almost no advertising. The current operation offers a solid platform from which to expand. The hours are limited and could be easily changed. A new owner could also significantly increase the revenue and profits of this restaurant by doing some marketing to expand awareness among locals and to include some of the many visitors who flock to the Eastern Shore area. The menu features steaks and local seafood favorites with some popular signature items. The kitchen is superbly equipped and very efficient in layout and functionality. All recipes transfer with the business along with all furniture, fixtures and equipment. The seller is committed to a seamless transition and will spend whatever time and effort is necessary to fully train a new owner. The owner is motivated and will seriously consider any reasonable offer.
|
|
Property Features and Assets:
|
|
High visibility location leased from an unrelated third party. The building is 3,300 square feet total with seating capacity of 66 seats. The lease averages 6.6% of revenue, which is well within the guidelines of the National Restaurant Association. Both kitchen and restaurant are superbly equipped. Parking is ample. |
|
Market Competition and Expansion:
|
|
The Baldwin County market was recently ranked by Policom, a firm who studies local markets, as the 11th strongest micropolitan economy in America! This is out of the 674 local markets studied by Policom. |
|
|
|
|
|
Additional Details:
|
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
|
|
|
|
|
|
To contact the seller of this
specific business for sale please complete and submit the following
form.
|
|
|
| Please provide any
additional details: |
|
|
* Indicates required field.
|
|