Price: $775,000
Location: Auburn, AL
Listing ID: 1-33
Listing Status: New
2 Locations and 2 concepts for 1 price
This is a unique opportunity to buy 2 successful locations in 1 deal. The restaurant has been around for 3+ years and the sports bar is a staple that the community and students have visited for over 8 years. The gross numbers and the profitability have been on a very steady increase since the covid shutdown.They are up over 30% versus their 2019 precovid numbers. These 2 locations are turn key and the owner is open to some owner financing for the right purchaser. Owner is wanting to slow down but is willing to stay on to assist during the transition. Priced below evaluation for quick sell to the right buyer. Auburn and Lee County are growing and growing fast. The sky is the limit with these businesses and a very successful structure has been built. This is a great opportunity for someone to grow this model and franchise it on other SEC and college cities.
Total Sales: $1,830,000
Cash Flow: $233,291
FFE: $133,000
Inventory: $17,000