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Asking Price
$110,000

Annual Cash Flow N/A

Annual Revenue N/A


EBITDTA:

FF&E: $120,000

Ref ID:

Established: 2018

Business Description

This restaurant is a great little find tucked away in a shopping center close to the beaches of Alabama. They currently offer lunch and a variety of salads, sandwiches, soups, shrimp and grits, baked items, etc., with locally sourced ingredients. The restaurant concept bridges the gap between beach visitors and food grown locally in Baldwin County. This niche restaurant is currently for sale for less than the price of the assets (FF&E) in the restaurant. The new owner will assume the lease which goes to 2022. Build out completed in early 2018 (included in sale price) with all new, high end restaurant equipment and fixtures purchased in mid 2018. All FF&E are paid for and become yours when you buy this business. Perfect location for an owner operator to keep and expand the farm to table concept or use existing equipment and space to launch a new concept. Lots of room to expand into a dinner menu and the large catering business for the boating community. Loyal business community following down the street from new high school opening in 2020. Exceptionally clean equipment and space. Buy this restaurant cheaper than starting your on location!

Detailed Information

State:AL

Listing Agent:David Chew

Real Estate:

Building SF: 2120

Employees: 2

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

City:Gulf Coast

Phone:251-278-8171

Support & Training: 30 days

Reason for Selling: Owner out of town

Lease Expiration: 2022