Thriving Seafood Restaurant for Sale in Alabama - Asset Sale
United States, Alabama, NULL
Asking Price:
$695,000
Cash Flow:
Cash Flow (SDE) - The total financial benefit a single owner gets annually, calculated by adding back the owner's salary, perks (like personal use of cars, travel), non-cash expenses (depreciation), interest, and one-time costs to the pre-tax profit. Seller's Discretionary Earnings, or SDE provides buyers with a clearer picture of the business's true cash flow and earning potential.
$0
Gross Revenue:
$0
Location (Area):
Baldwin County
FF&E:
FF&E (Furniture, Fixtures, and Equipment) refers to all the movable, non-structural assets used in the business, such as desks, computers, machinery, shelves, and decor, which are included in the sale to keep the business operational and functional for the buyer.
$0
ASSET SALE. Opportunity to own a thriving seafood restaurant located on the Fairhope Pier, Alabama, located directly in the town square with 360 degrees of waterfront. Can seat over 100 people comfortably. This restaurant was voted in the top 200 restaurants in America! Excellent 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.
Detailed Information
Category:General
Employees:0 - Full-Time, 0 - Part-Time
Facilities:360 degree view of waterfront. Excellent 22' by 30' outdoor deck/bar area where you can enjoy a nice cocktail while watching the sunset. Second floor consists of a 520 sq. ft. storage/refrigeration room.
Relocatable:No
Home Based:No
Market Notes:Prime location on the Fairhope Pier in the Mobile Bay. Very little competition in the area. Great option for someone looking for a seafood restaurant for sale in Alabama on the waterfront.
Growth Notes:Can grow business by advertising and staying open 7 days a week.
(954) 596-8060
Contact Us
Print
Share
