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Accommodation & Food Services

Restaurant and Sports Bar in Downtown Auburn

Auburn, AL, USA
Updated 7 days ago

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.

Inventory

$17,000

Internal Id

1-33

Financials

Asking Price
$775K
RevenueMost Recent Year
$1.8M
Earnings (SDE)Last Reported
$233K
Assets ValueNot Included in Asking Price
$133K
Seller Financing
Not available

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