Listing ID: 6602

Business Overview

MEGA PRICE REDUCTION! Owners have a new opportunity and said sell it this month. They are temporarily shut down to chase a new dream. This one of a kind AWARD WINNING restaurant, has proven to be a place for locals, tourists, sports teams and those just looking to grab a cold adult beverage or an ice cold tea. Baldwin County is growing at a record pace and all forecasts do not show an end soon.

This turn key operation comes with a transferable liquor license, recipes, training, a dedicated and well trained staff, very desirable lease terms and years of knowledge to share with a new owner. This concept is providing some of the lowest labor percentages and highest bottom line in the restaurant industry.

Seller’s (founders) will provide guidance and training for up to 30 days following completion of sale to ensure a seamless transition (Seller’s have combined over 40 years of competition worthy food knowledge that will be transferred)

Additional Reasons to Consider This One:
Winner of several awards
Top 3 in volume for local deliveries by 3rd party delivery providers
Huge catering growth potential
Seller’s have setup the business to be franchisable from day one, however other opportunities have risen that have created an excellent opportunity for new ownership to step in.
Top rankings with Alabama Health Department since inception

Location Matters! Proven Menus Matter and a Fun Family Atmosphere Matters. This restaurant checks all the boxes.

Financial

  • Asking Price: $60,000
  • Cash Flow: $100,000
  • Gross Revenue: $600,000
  • EBITDA: $
  • FF&E: $40,000
  • Inventory: $
  • Inventory Included: N/A
  • Established: 2017

Detailed Information

  • Furniture, Fixtures and Equipment:$40,000
About The Facility:

Clean, modern, and well kept .

Is Support & Training Included:

Yes

Purpose For Selling:

Pursuing another dream

Addition Info

The business was started in 2017, making the business 3 years old.
The transaction does include inventory valued at N/A, which is included in the listing price.

Further more, Furniture, fixtures and equipment valued at $40,000 shall be included in the listing price.

3 Things to Consider When Researching operating businesses for sale in Baldwin County, Alabama

a company is one of the most significant choices you will certainly make in your lifetime. Selecting sensibly can cause significant financial benefits for you, your loved ones, and also your retirement. Nonetheless, in order to make an appropriate decision, you must think about a number of things.|In order to make a proper decision, you should consider several points.} Below are 3 important things to take into consideration prior to acquiring a business in Baldwin County, Alabama.

Why is the Current Owner Selling The Business?

{There are all types of reasons individuals decide to sell businesses. Nevertheless, the real reason and the one they tell you might be 2 entirely different things. For instance, they may claim "I have a lot of various responsibilities" or "I am retiring". For numerous sellers, these reasons stand. But also, for some, these may simply be reasons to try to hide the reality of altering demographics, increased competition, recent decrease in earnings, or a range of other factors. This is why it is extremely important that you not depend completely on a vendor's word, yet rather, utilize the vendor's solution combined with your general due diligence. This will paint a more realistic picture of the business's existing scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your offer. Lots of businesses borrow money with the purpose of covering items such as supplies, payroll, accounts payable, and so on. Keep in mind that occasionally this can mean that profit margins are too tight. Lots of companies fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that have to be fulfilled or might cause charges if canceled early.

Understand the Customer Base, Competition and Area Demographics

Exactly how do companies in the Baldwin County, Alabama area draw in new consumers? Often times, operating businesses have repeat consumers, which form the core of their daily profits. Specific elements such as brand-new competition sprouting up around the area, road building, and also staff turn over can impact repeat customers and adversely impact future revenues. One important thing to take into consideration is the placement of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the better the possibility to build a returning consumer base. A final thought is the general location demographics. Is the business situated in a largely populated city, or is it situated on the outskirts of town? Just how might the local median house earnings influence future revenue potential?