Perfect Retirement Restaurant
Baldwin County, ALSeller Financing Available
Business Description
Live at the beach. Work at the beach. Own your own Restaurant at the beach.
Very popular vacation and retirement destination now has a rare, well established, local restaurant available for you to purchase. This business has been around 40 years because it has a strong following from fulltime locals, seasonal residents and tourists. This town is a very attractive destination for vacationers who want a more up-scale beach experience. This has been a great dining option for 40 years but the current owner lives out of state and at his age, he is tired of traveling back and forth.
This is a fully staffed, turnkey business that is ready for a new owner to step in and just keep running and keep making money. Very strong and stable cash flow with a long history of positive numbers. But what makes this deal even better is that the owner is willing to finance the deal with just 50% down. He will stay around as long as you need him to train you and help ensure a smooth transition.
Real Estate:Leased
Building SF:7,800
Employees:20
Financing:50% Seller Financing available
Reason for Selling:Retiring