New And Beautiful Bar And Grill In Auburn Alabama Auburn, AL 36830
- Retail properties
- 3,500 SF
Current Use by Public Records
- Retail properties
Property Details for 0 New And Beautiful Bar And Grill In Auburn Alabama
- Property size
- 3,500 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- Lee
- State
- Alabama
- Longitude
- -85.4994
- Latitude
- 32.4797
