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Business For Sale

Fairhope Bar & Grill

Fairhope, AL

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$55,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2010
9
95704622
Owner Financing is Available!

Business Overview:

Well equipped Bar & Grill, with good highway exposure and curb appeal on US Highway 98 in Fairhope. Large kitchen and prep area, all fully equipped to provide any style menu that a new owner wants. Nice bar area Seating for 64 plus another 12 at the bar and plenty of room to add more seating. Outside deck with seating for an additional 30. Touch screen computers and software for easy ordering and control. Several TV's, BBQ smoker, pizza oven, wine cooler, 2-fryers, convection oven, steamer, Vulcan stove, ice maker, frozen drink machine and plenty of coolers and freezers. plus much more. The owner opened this new bar and grill without any food service experience, but he did go to great expense in creating a great kitchen and bar area. He then went back and added a 30' X 30" covered deck out back and a small office and storage unit. all new construction that was brought up to code. After working it for six-months he realized that he had made a mistake and has priced this business for a quick sale. His biggest error was in the choice of menu and changing it too often and keeping irregular hours. This is a turn-key opportunity waiting for a new owner that knows what they are doing. The real estate is available and is priced separately at$550,000 with owner financing. Priced to sell as a business only and can purchase the business, building and 1-acre lot.  Business only is $55,000.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Asset Sale, Owner had no bar and food service experience

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.