Established Business for Sale

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Turnkey restaurant in beautiful Orange Beach, Alabama

Business Description

Name does not convey and is not for sale. Come bring your vision and ideas of your restaurant into a reality overnight. Business is well established seafood restaurant with great visibility in between Wal Mart and Rouses. Great subdivision with hotel directly behind location and deeded beach access is within sight of the front door. Plenty of seating outside (8 benches) Bring any concept with a new menu and you are open for business. It doesn’t get easier than this. Liquor and business licenses are current and can be transferred to new owner.

About the Business

Year Established:
2015
Number of Employees:
15
Real Estate:
Leased
Building Sq. Ft.:
5,000
Lease Rate/Sq. Ft./Mo.:
$6,000.00
Lease Expiration:
5/31/2021
Facilities:
Full kitchen with 20’ hood, 36” char grill, 36” flat top grill, 48” Vulcan steamer, 6 eye stove with oven, indoor walk in cooler/ freezer combination, 20’ granite bar with three wells, slide top beer cooler, black top laminate tables and black chairs, booths and additional bar in back dining room. Bathroom and sewer tap fee will convey and everything is 100% up to code. All hood exhaust fans, HVAC, hood cleaning and degreasing are regularly done.
Website:
Littleneworleans.com
Market Outlook/
Competition:
Depends on how good your food is.
Growth & Expansion:
Growth is unlimited this business has been established with minimal or zero advertising. Foot traffic is steady year round which is rare.
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About the Sale

Reason For Selling:
Building bigger location.
Training/Support:
Current staff and management will stay in place.

Listing Info

ID:
1379526
Ad Detail Views:
25
Asking Price:
$295,000

Gross Revenue:
$600,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Listed by
Richie Montelaro

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