MergerPlace

Seafood Restaurant in Alabama

Farihope, Alabama (Baldwin)


  • Asking Price: $879,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #206838
  • Established: 2015
  • Employees:

Business Description

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.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Alabama
Metropolitan Area: Farihope
County: Baldwin

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $879,000
Seller Financing Available: No

Property Information

Facilities:

Enjoy a 360 degree view of waterfront. Excellent 22' by 30' outdoor deck/bar area where you enjoy a nice cocktail while watching the sun set. Second floor consists of a 520 square foot storage/refrigeration room. Restaurant itself is 2,790 square feet.

Growth & expansion opportunities:

Can grow business by advertising and staying open 7 days a week.

Competition:

Prime location on the Fairhope Pier. Very little competition in the area.

Reason for selling:

Retirement

Support & Training:

Asset Sale

Contact Business Seller

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Business Listed By:

Roberta Caputo

Capital Business Solutions