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Quick Facts
Asking Price: | $300,000 | |
Annual Revenue: | $600,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $100,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 85,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 7 | |
BBN Listing #: | 168063250 | |
Broker Reference #: | 1-10 |
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Business Overview:
Exciting Opportunity. Tremendous Growth
This listing has amazing potential. This is a local restaurant location since 2005 in Auburn Alabama. It also includes a food truck permitted to setup on Auburn's campus daily for students and for special events and athletic events. This is truly two different income streams from the same business. Auburn is currently the fastest growing large city in the state growing at a whopping 43%. Now is your chance to cash in on the tremendous growth with a well run and well established business of 16 years. Owner financing is available. Owner says bring ALL offers
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Property Features and Assets:
The restaurant is well established and has been in its current location since 2005. The restaurant also owns and manages a food truck licensed to visit campus during school days and athletic events.
Market Competition and Expansion:
Owner has a restaurant location and a food truck that is permitted to visit Auburn campus during classes and also during special events and athletic events. What a HUGE opportunity Auburn is an extremely fast growing community. Auburn used to be a sleepy college town, except on game days. Now it is the fastest-growing large city in the state. Auburn grew from 53,380 residents in 2010 to 76,143 residents in 2020. That is an increase of 22,763 people — 42.64 percent growth. The business continues to grow as the population expands.
Reason for Selling:
Retiring
Additional Details:
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