Decks & Docks Leesburg Alabama Lakeside Restaurant

Leesburg, AL
Cherokee County


Asking Price: Annual Revenue:
$2,895,000 $1,600,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Decks & Docks Leesburg Alabama Lakeside Restaurant Broker: Steve Josovitz
License #: 164878
Owner Financing is Available!

Quick Facts

Asking Price: $2,895,000
Annual Revenue: $1,600,000
Net Profit: Not Disclosed
Cash Flow: $540,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,295,000
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 383229193
Broker Reference #: 3088

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Business Overview:

Decks and Docks Leesburg Alabama Lakeside Restaurant & Bar for Sale or Lease w/3-Acres & Home – $540,000 2020 Net Profit – 2021 Sales-Profit Up – Owner Financing.

(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, and or Ownership. Documentation and Inspections will be provided upon request)

Decks and Docks is located at 165 Chambers St, Leesburg, AL 35983.

Freestanding 3,000/sf.
Seating inside for 120.
14-seat bar.
Outdoor Seating for 180.
Two-Level outdoor deck.

Dock for boats.

Owner spent almost $1M in 2018 on upgrades to restaurant.

3-bedroom House.

2019 Gross Sales $1,400,000.
2019 Net Profit $400,000

2020 Gross Sales $1,600,000
2020 Net Profit $540,000.

2021 Sales and Profit are Up.

Profits are after GM salary of $60,000 plus free rent on house.

$2,895,000 “lock, stock and barrel ” for Business, Property, and Home or buy the business only for $1,600,000.
Owner financing on either option with a $1,000,000 down payment.
Rent on business purchase only would be 7% of Gross Sales with base rent at $5,000 per month.

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Property Features and Assets:

Freestanding 3,000/sf. Seating inside for 120. 14-seat bar. Outdoor Seating for 180. Two-Level outdoor deck. Dock for boats. Owner spent almost $1M in 2018 on upgrades to restaurant. 3-bedroom House.

Market Competition and Expansion:

Ask broker for details

Reason for Selling:

Other business interests.

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.

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