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Asking Price$395,000
Revenue$1,700,000 Established2011
Cash Flow$282,000 EmployeesUndisclosed
FF&E$160,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Profitable family style, polished but casual, American Seafood and Steak restaurant is for sale in popular  Alabama Beach Resort Community.  Annual Gross sales of $1,700,000 result in a Seller Discretionary Income of $282,000.    With a Build-out cost of over $600,000, this 160 seat restaurant at an asking price of $395,000 ($160,000 FF&E Included) will quickly return investment to new owner and has very much more room to grow sales.  Call Andre at (321) 427-5619 or email to andre@sunbeltbroker.com
Competition:There are many restaurants in the Gulf Shores Area, however, only a few can compare to this restaurant. These few restaurants are all doing a great business through-out the year. The Seller makes this overall conclusion regarding its position in the market: “ This is an outstanding reputable restaurant that will realize its full potential when an owner/ operator takes command of its destiny”.
Growth Potential:Baldwin County, home to Alabama's sugar-white sand beaches, leads in the way - by far - in tourism activity. The 6.3 million visitors to Baldwin County represented a 3.3 percent bounce from 2015, and is nearly one-fourth of all the tourists who visit Alabama each year.
Training/Support:One Month: Front and back of house and administration
Seller Financing:Seller will not finance.
Sale Reason:Seller has too many restaurants.
Ad #94195
Seller Reference #MOBILAL001-N816
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Contact This Seller
Andre Martineau
(251) 626-4949
Email Address