SOUTH FOLEY Restaurant Opportunity

Undisclosed Address, Foley, AL 36535
Business Opportunity for Sale
Catylist Listing ID: 30319166
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $29,500
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash or Possible Owner Financing
Last Updated: 9/14/2018

Overview / Comments

This popular South Foley, Alabama restaurant/grill is small and easily managed with a small staff. Front of house seats approx. 20 customers at a time and is set up for plenty of take-out orders. Restaurant is located next to a popular bar/lounge that does not have a kitchen or grill, and has a steady flow of patrons that draws larger crowds during pool tournaments, and major televised sporting events.

The location directly on Highway 59 is a high traffic count area with prominent sign visibility. Significant take out opportunities within walking distance and nearby. Also advantageous is a lack of nearby restaurants on this specific stretch of Highway 59.

Sale of restaurant includes the following equipment that will convey: hood vent, fire suppression system, refrigerator, deep freezer, drink cooler, toppings cooler, grease trap, warmer, griddle, clover unit, steel tables, storage shelves, mounted TV, customer seating, and security system.

Lease terms have been negotiated prior to sale of restaurant and terms greatly benefit new owner. Seller is willing to consider financing a portion of the investment for an approved buyer with a qualified down payment. Call TODAY for additional information on this great opportunity!

Additional Details

Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 15,584 30,084
Median Age: 39.8 40.6
Households: 6,252 12,222
The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.