For Sale
$399,500

0 New And Beautiful Bar And Grill In Auburn AlabamaAuburn, AL 36830

Established Bar & Grill, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
116
This thriving bar and grill, located in Auburn, Alabama, presents a unique opportunity for a hands-on owner-operator. The business boasts a prime location in a high-traffic college town, benefiting from a large student population and significant local resident base. Built in 2023, this fully furnished and equipped establishment offers 3,500 square feet of indoor space and an additional 3,000 square feet of outdoor patio space, accommodating over 150 guests. The impressive facility includes a state-of-the-art commercial kitchen with top-of-the-line equipment, such as two fryers, a flat-top grill, a griddle, refrigerated prep station, and a large walk-in cooler. The bar area is equally well-equipped, featuring multiple coolers, a frozen drink mixer, and ample seating. Currently operating with 11 employees (3 full-time, 8 part-time), the business has demonstrated strong performance, averaging $60,000 to $80,000 in monthly revenue within its first six months of operation, with over 50% derived from alcohol sales. The lease agreement includes a favorable monthly rent of $8,000, with a remaining term extending to April 30, 2038, plus two five-year renewal options. The asking price is $399,500. This turnkey operation offers significant upside potential for an experienced operator to expand the menu, enhance marketing efforts, and further capitalize on the high-demand college town market. Seller financing may be available for a well-qualified buyer. All reasonable offers will be considered.

Highlights

  • Leasehold interest with remaining term plus two 5-year options.
  • $8,000 monthly rent.
  • Seating for 150+ inside and out (65 inside).
  • 6,500 square feet (3,500 inside, 3,000 outside patio).
  • Fully equipped kitchen and bar.
  • Established Auburn, Alabama bar and grill with hookah, newly built in 2023.

Property Details for 0 New And Beautiful Bar And Grill In Auburn Alabama

Property type
Retail properties, Restaurants
Square Feet
3,500 SF

Location Insight

City
Auburn
County
Lee
State
Alabama
Latitude
32.4796915
Longitude
-85.4994192
New And Beautiful Bar And Grill In Auburn Alabama, Auburn, Alabama

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 New And Beautiful Bar And Grill In Auburn Alabama
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message