Well Established Restaurant/Bar In Orange Beach Al

Business Overview:

Very seldom does a turnkey opportunity in the beautiful Orange Beach/Gulf Shores Alabama location become available. The Alabama Gulf Coast is one of the more favorable destinations for family vacations. Listed as one of the top ten most beautiful beaches in the USA, the area enjoyed a record 8 million visitors to the area in 2022 as well as a record $7 Billion in retail sales. The area continues to grow at a rapid rate and is considered the fastest growing area in the state of Alabama. Since beginning operations in 2020, the business has grown each year with 2022 gross revenues reaching $1,914,908.00 and 2023 is expected to finish even higher. The Owner has many years in the restaurant industry and manages the business with a staff of 12 full-time employees and 8 part-time employees. The Chef is paid $70,000.00 and works all shifts for six days and is responsible for the kitchen staff. The strength of the business is the quality of food being served from a menu that includes a variety of seafood dishes along with steaks, Po-boy sandwiches, salads, excellent appetizers, full dessert list and craft beers along with custom crafted cocktails and an expanded wine selection. This is an outstanding opportunity for someone wanted to enter the restaurant/bar industry or the expansion of an existing brand.

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Property Features and Assets:

The restaurant is strategically located between Orange Beach and Gulf Shores and attracts customers from both markets. The property offers stunning views of the beach and ocean as well as the surrounding natural landscape. There is plenty of parking for over 75 vehicles and valet parking is offered in the busy season. The interior including the kitchen and dining area is 7,800 square feet with seating for up to 200 customers comfortably. The kitchen area includes a walk-in cooler and freezer and a separate dish-washing area.

Market Competition and Expansion:

This restaurant sets a standard for quality food which limits the number of competitors able to match its level of excellence. The restaurants location further restricts the number of high-end dining options available in the area it serves. Catering along with live music and private events are a few areas for expansion.

Reason for Selling:

Health Reasons.

Additional Details:

Documents:

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