Business For Sale

Restaurant & Bar Location on the Eastern Shore

Eastern Shore, AL
Baldwin County

Asking Price: Annual Revenue:
$150,000 $537,361

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Restaurant & Bar Location on the Eastern Shore Broker: Lanier Chew
Owner Financing is Available!

Quick Facts

Asking Price: $150,000
Annual Revenue: $537,361
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 13
BBN Listing #: 824538301
Broker Reference #: MOBILAL001-N839

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Business Overview:

Asset Sale for a first-class facility in an excellent location with good visibility and plenty of parking. This restaurant has been open only 20-months and for the 12-months in 2017 sales were $537,000. Eight month sales for 2018 is $330,000. They offer a large and varied menu selection; the full-service kitchen is only open from 6 AM to 2 PM. After 2:00 it operates as a coffee shop. This is ideally suited to most any type of restaurant and bar that you may want to create with hours to suit. Located on busy Highway 98 in Daphne in a complex of 5 other food service businesses. Very new inside and extremely well decorated with upscale counters and seating. Unique fire pit area with leather seating for 8. The main dining area has seating for 32 plus 6 high-top tables near the window. The 3-counter areas have seating for an additional 24. This also has an outside covered patio with seating for 16. You will find 3-TV's placed throughout. Plenty of room to add additional seating. The kitchen is also new with plenty of prep and cooking area. Walk-in freezer and cooler and an office area near the back with complete camera coverage of the entire facility. This restaurant also has an important drive-up window with large outside menu board. The owner spent over $300,000 to do the build-out and to furnish this location with all of the equipment; this turn-key operation is now offered for only $150,000. This became available only because of a license conflict with other locations under the same ownership. Move fast as this will not last long. The conflict is due to Alabama liquor license law that prevents just this owner from obtaining a liquor license. The best use of this facility should include an active bar.

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Reason for Selling:

Business Conflicts

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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