Business Overview:
Premier Location With Premier Reputation
This is a unique opportunity to buy 2 successful locations in 1 deal. The restaurant has been around for 3+ years and the sports bar is a staple that the community and students have visited for over 8 years. The gross numbers and the profitability have been on a very steady increase since the covid shutdown.They are up over 30% versus their 2019 precovid numbers. These 2 locations are turn key and the owner is open to some owner financing for the right purchaser. Owner is wanting to slow down but is willing to stay on to assist during the transition. Priced below evaluation for quick sell to the right buyer. Auburn and Lee County are growing and growing fast. The sky is the limit with these businesses and a very successful structure has been built. This is a great opportunity for someone to grow this model and franchise it on other SEC and college cities.
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Property Features and Assets:
On the main street of Auburn and gets tons of business from being close to the university.
Market Competition and Expansion:
Lee County is growing and so is Auburn. There is competition however these 2 locations do extremely well and have locals, students, and visitors as their regulars.
Reason for Selling:
Wants to slow down.
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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