Fairhope Restaurant,
Price Reduced, Seller Financing
Fairhope, Alabama
Financials
Asking: $135,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $50,000
Inventory: $2000
Gross: $365,637
Cash Flow: $20,097
Summary Description
This restaurant offers an excellent platform for growth as the economy recovers
and the local area continues to grow.
A new owner could take this existing customer base, expand the
menu, possibly offer breakfast, and catering (which is very profitable), do
some effective marketing and take the restaurant to its next level of
performance.
This location has a decades long history as a restaurant. The
current owner has carved out a niche among local diners and is currently doing
well over $350,000 per year.
The owner s personal situation has changed and he has decided to
sell the restaurant. His decision opens the door for new owner to benefit from
this opportunity.
Invest in this business and live near the Gulf Coast with sugar
white beaches, clear blue water, championship golf, world-class fishing, an
excellent educational system, outstanding dining and shopping and many points
of local interest. For additional details, please call William Bruce at (251)
990-5910.
General Information
Facilities: The restaurant operates from a 3,000 square foot facility at
a most reasonable rental of $1,000 per month.
About the Sale
Financing: Negotiable
Support/Training: The seller will fully train a new owner in all aspects
of the business.
Contact Information
William Bruce, ABI
Sunbelt Business Brokers
Phone: 251.990.5910
Write: