For Sale - Annual Earnings $129 000! Dothan, AL 36303
- Retail properties
- 2,350 SF
Current Use by Public Records
- Retail properties
Property Details for 0 For Sale - Annual Earnings $129 000!
- Year built
- 2021
- Property size
- 2,350 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This established Schlotzsky's franchise in Dothan, Alabama presents a compelling investment opportunity. Priced at $499,000, this fast-casual restaurant boasts impressive annual owner earnings exceeding $129,000. The 2,350 square-foot space, built in 2021, features a convenient drive-thru, 50 indoor seats, and a fully equipped kitchen including a rationale combi electric oven, TurboChef ovens, Traulsen refrigeration units, and ample prep space. The lease, expiring December 31, 2029, offers a 10-year term with a favorable monthly rent of $4,500. Financial records indicate gross revenue of $630,228 and a cash flow of $129,202. The restaurant is situated on a main thoroughfare in a high-traffic retail area, benefiting from strong local and tourist traffic. The sale includes all existing equipment, fixtures, and furniture, as detailed in the equipment list. The seller is motivated and will provide five weeks of support prior to closing and two weeks post-closing. This turnkey operation offers a rare chance to acquire a successful, established franchise with significant earning potential and a long-term lease. The seller's reason for selling is unrelated to the business's performance. The restaurant employs 10 people.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dothan
- County
- Houston
- State
- Alabama
- Longitude
- -85.3756
- Latitude
- 31.2484
