NOT DISCLOSED, Alabama
| Asking Price |
$595,000 |
Year Established |
2014 |
|
| Annual Revenue |
$1,140,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Randy Shurbet |
|
| Annual Cash Flow |
$147,000 |
Listing Number |
1020260 |
|
| # of Employees |
8 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Step into the bustling world of Pizza and Italian food excellence with this well-established, turnkey restaurant ready for immediate takeover and positioned for continued success from day one.
Located in the very popular area of the Alabama Gulf Coast and one of the fastest growing areas of Baldwin County experiencing significant growth and development. This opportunity sits in a high traffic area for both locals and tourists offering exceptional visibility and accessibility. The kitchen is well equipped with pizza ovens, reach in coolers, dough mixer, hood system, grease trap, and more efficient operations to achieve consistent product quality.
Property Features and Assets:
<p>The indoor dining area is 2500 square feet and has seating for around 75 customers, and the business is set up for delivery, take-out and catering. The facility also includes a covered patio area with a stage for a band along with a bar setup. Parking around the business will handle over 20 automobiles with additional street parking. The assets are free and clear and in working condition. The property is also for sale for $590,000.00 or the property may be leased for $6000.00 per month on a 5-year agreement with two five-year renewal options.</p>
Market Competition and Expansion:
<p>The location is in a high traffic area, and the competition is from the usual national brands in the closest nearby city. The area is experiencing a high rate of growth due to the high number of new homes and apartments being built. This continued construction are avenues of continued success in the marketplace. This business is positioned for franchising due to brand recognition and the phenomenal growth of the area. A few reasons for this growth is lower taxes, lower cost of living, warm climate, and friendly tax policies and a diversified economy.</p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity