Seller's Contact Information
- RE: Turnkey Restaurant Opportunity In Orange Beach Al
- Contact: Randy Shurbet
Quick Facts
Asking Price: | $990,000 | |
Annual Revenue: | $1,800,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $152,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $300,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2022 | |
Employees: | 15 | |
BBN Listing #: | 937154399 | |
Broker Reference #: | 108056 |
Business Overview:
Truly a "See to Believe Opportunity" in Orange Beach! This incredible restaurant and bar has established itself as one the more popular destinations in Orange Beach. It is extremely rare to find a great location and turnkey operation in Orange Beach available for the upcoming season. This business operates as a dine-in, pick-up, delivery, and catering business. The restaurant and bar boast of a beautiful and spacious outside dining with beautiful views and also has outside bar and entertainment This is truly an incredible opportunity to start in the restaurant/bar business or expand your current brand in one of the more popular tourist destinations in America.
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Property Features and Assets:
Location, Location, Location! This restaurant/bar is located on the back bay area of Orange Beach. It is located off one of the busiest thoroughfares in Orange Beach. The parking area is sufficient and also has an area for boat enthusiasts to park. This restaurant/bar area is 1,800 square feet of patio dining upstairs and downstairs. There is a full-service bar area for waiting and bar patrons and the bar includes live music. The lease on the building is very affordable and is one of the best bargains for the area. The cleanliness of the restaurant/bar is immaculate and the décor' simply stunning.
Market Competition and Expansion:
According to the Orange Beach tourism office, retail sales in 2022 were $8 billion and visiting tourist was at 7 million, and the final results in 2023 is expected to be even greater. The popularity of the area continues to grow and with the addition of the OWA entertainment complex, there is more growth expected. There is a lot of earnings to be made during the busy season. There is significant competition in the area, but the high tourist traffic assures the success of all the businesses.
Reason for Selling:
Other business interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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