Fresh Seafood Restaurant for Sell New lower price

Confidential, AL


Asking Price: Annual Revenue:
$226,000 $1,350,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Fresh Seafood Restaurant for Sell New lower price Broker: David Chew

Quick Facts

Asking Price: $226,000
Annual Revenue: $1,350,000
Net Profit: Not Disclosed
Cash Flow: $115,000
Total Debt: Not Disclosed
FF&E: $170,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 31
BBN Listing #: 60453357
Broker Reference #: MOBILAL001-N911

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Business Overview:

This full service casual style restaurant started over 17 years ago. This charming family run restaurant business has been a prominent icon within the Eastern Shore of Baldwin County community serving locals as well as tourists. They bring in fresh seafood daily to satisfy the demand for high quality seafood fresh from the Gulf. Locally caught fish, crabs, oysters, shrimp and other seafood are served in this restaurant also known for award winning Gumbo. It is no wonder they are grossing $1.3 Million in annual sales. This location does a great dine in and take out business. Sales has been consistent over last few years of operation without any marketing to expand the business, even during this Covid 19 times. Add a liquor license and sales should grow substantially. The restaurant is fully equipped and staffed. All the equipment and facilities are well maintained and in good condition. The Restaurant is already well known and has a trusted brand throughout Baldwin County with inside seating and outsourced delivery service. It has loyal and repeat customers that come from all over. Great Lease in place with real estate possibly being sold as well. Buy this business now because it will sell soon.

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Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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