Retail - Restaurants | Retail - Bars/Taverns

Asking Price	$155,000	Inventory	$5000*
Gross Income	$494,543	Real Estate
Cash Flow	$74,428	Year Established	N/A
FF&E	$50,000*	Employees	N/A

* included in the asking price

** not included in the asking price

The seller is highly motivated. All reasonable offers will be seriously considered. This upscale Fairhope restaurant is well established with an excellent reputation. The customer base is mostly local with almost no advertising. The current operation offers a solid platform from which to expand. The hours are limited and could be easily changed. A new owner could also significantly increase the revenue and profits of this restaurant by doing some marketing to expand awareness among locals and to include some of the many visitors who flock to the Eastern Shore area. The menu features steaks and local seafood favorites with some popular signature items. The kitchen is superbly equipped and very efficient in layout and functionality. All recipes transfer with the business along with all furniture, fixtures and equipment. The seller is committed to a seamless transition and will spend whatever time and effort is necessary to fully train a new owner. Motivated seller. Make offer. Call or email William Bruce today. Phone (251) 990-5910. Email: WilliamBruce@bellsouth.net or click on "reply" link at bottom of this page.

Facilities: High visibility location leased from an unrelated third party. The building is 3,300 square feet total with seating capacity of 66 seats. The lease averages 6.6% of revenue, which is well within the guidelines of the National Restaurant Association. Both kitchen and public areas are superbly equipped. Parking is ample.

Growth/Expansion: The Baldwin County market was recently ranked by Policom, a firm that studies local markets, as the 11th strongest micropolitan economy in America! This is out of the 674 local markets studied by Policom.

Support/Training: The seller is committed to a seamless transition and will spend whatever time and effort is necessary to fully train a new owner.

Reason Selling: Family / Health / Personal