Orange Beach Alabama Bar Bargain

Not Disclosed, AL
Baldwin County


Asking Price: Annual Revenue:
$244,800 $238,605

Food & Beverage: Bars, Clubs, Nightspots


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RE: Orange Beach Alabama Bar Bargain Broker: William Kleinschrodt
Owner Financing is Available!
Owner Financing Terms $61,200.00 Owner Financing Interest 6% Owner Financing Terms Months 36 Owner Financing Monthly Payment $1,861.82

Quick Facts

Asking Price: $244,800
Annual Revenue: $238,605
Net Profit: Not Disclosed
Cash Flow: $24,216
Total Debt: Not Disclosed
FF&E: $190,000
Real Estate: Not Disclosed
Year Established: 2020
Employees: 4
BBN Listing #: 43555279
Broker Reference #: 24876-649072

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Business Overview:

The business is minutes from the sandy beaches, located in a highly-trafficked and trendy area, surrounded by a music venue, convention center, and more. The bar opened in 2020, just weeks before COVID, with a $250,000 buildout and a newer business model that reduces overhead expenses. The current seller purchased the business in early 2022 with the idea of retiring to the beach and working the bar. Unfortunately, the seller has run into family obligations that require them to put their retirement plans on hold.

The hours are Sunday - Thursday 11 - 10 and Friday - Saturday 11 - 12. The business has a large variety of draft beers with over 35 craft beer options. The bar runs out of an updated 2,170 square feet strip mall with a gross lease that expires in February 2024.

The sellers have one full-time manager that handles the day-to-day operations, allowing the owners to work remotely. There are also 3 Part-Time employees, with minimal turnover. No special skills are needed to operate the business.

Sales:
2020 - $106,074
2021 - $232,364
2022 - Sales are up 20% compared to this same period in 2021.

Don't miss out on this excellent opportunity to live the beach life. Seller financing is available for qualified buyers.

Please get in touch with Chris Bruner at Transworld Business Advisors Gulf Coast to discuss this excellent beach bar further.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Family

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.

Relevant Links:

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