Please ensure Javascript is enabled for purposes of website accessibility REAL ESTATE Included - Iconic Restaurant / Tiki Bar | Mark Foege | Transworld Business Advisors

REAL ESTATE Included - Iconic Restaurant / Tiki Bar

Listing Number: 24876-623189

Description

Premier Tourism Location! Trademarked Restaurant sits directly on the main beach drag on Northern Gulf Coast with close proximity to an abundance of high-rise condominiums. 6.3 million visitors each year to one of the fastest growing counties in the USA.

Real estate includes ~5.4 acres, two separate fully operational & fully equipped facilities (~13,150 inside sq.ft + ~2,920 ft. of covered decks), exceptional parking, and some undeveloped land.

In addition to the real estate investment, this property is an excellent opportunity for a seasoned restaurant operator or an individual or family looking for the perfect “Life-Style” business. The going concern business is Trademarked for potentially expanding footprint.

Business & real estate has significant room for appreciation and the capacity for strategic development. Owners are absentee and seeking to monetize as they prepare for retirement. Sellers are highly committed to assist in a seamless transition. Competitive Seller Financing is a possibility.

Transaction is considered highly sensitive & confidential and will require a Prospective Buyer to execute an NDA. Upon receipt of properly executed NDA, Broker has a prepared Confidential Information Profile to distribute to any serious buyers.

Listing Details

  • Price: $3,399,999
  • Down Payment: $1,000,000
  • Sellers Discretionary Earnings: $427,140
  • Total Sales: $3,353,512
  • Location: Withdrawn, Alabama

  • Inventory: $40,000
  • FF&E: $600,000
  • Employees: 50
  • Year Established: 1993
  • Reason for Selling: Retirement
  • Category: Restaurants
REAL ESTATE Included - Iconic Restaurant / Tiki Bar

Contact Agent:

Mark Foege
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