Eastern Shore Area of Alabama (Baldwin County)
Included in the Asking Price:
Furniture, Fixtures & Equipment: $25,000
Gross Annual Revenue in 2010: $307,218
This great little 7-year old restaurant, catering service and specialty market is located in the very desirable Eastern Shore area of Baldwin County.
The business is available at a steeply discounted price now that the owner has had a professional job offer he couldn't refuse. Due to the situation, the whole operation is available for a quick sale price of only $45,000.
Located in a trendy location with only a $1,400 monthly rent, the business enjoys a loyal clientele and is well positioned for growth under a hands-on manager. The lease term can be extended as desired.
To fully appreciate what a rare opportunity this price reduction reflects, here is an article on how to value or appraise a restaurant. To read the article, please click here: http://williambruce.wordpress.com/2011/07/22/what-is-a-restaurant-or-bar-worth-how-to-approximate-value/.
Call or email William
Bruce today for details, as an offering of this nature will not be on the
market for very long. Email WilliamBruce@bellsouth.net or call (251) 990-5910.
William Bruce, ABISunbelt Business Brokers