Business For Sale

Seafood Restaurant -Asset Sale- in Alabama

Fairhope, AL
Baldwin County

Fairhope Pier


Asking Price: Annual Revenue:
$695,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Seafood Restaurant -Asset Sale- in Alabama Broker: Roberta Caputo

Quick Facts

Asking Price: $695,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: Not Disclosed
BBN Listing #: 8135344
Broker Reference #: 3374

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Business Overview:

Asset Sale. Opportunity to own an updated seafood restaurant in Fairhope Pier, Alabama, located directly in the town square with 360 degrees of waterfront. Capacity can hold more than 100 individuals. This restaurant was voted in the top 200 restaurants in America! Long-term lease with the rights to manage the marina. The price point is based on the acquisition cost plus leasehold improvements made to the building along with all updated equipment substantiating the price point.

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Property Features and Assets:

360 degree view of waterfront. Excellent 22' by 30' outdoor deck/bar area where you enjoy a nice cocktail while watching the sun set. Second floor consists of a 520 sq ft storage/refrigeration room. Restaurant itself is 2,790 sq ft

Market Competition and Expansion:

Prime location on the Fairhope Pier. Very little competition in the area. Can grow business by advertising and staying open 7 days a week

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not 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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