ESTABLISHED SOUTHERN RESTAURANT & EVENT SPACE - AUBURN, AL
Prime opportunity to acquire a thriving Southern restaurant with event capabilities, strategically located adjacent to Auburn University campus. This established operation has built a large following since opening in 2024 generating strong revenue with significant untapped potential.
BUSINESS OVERVIEW:
This 4,000 square foot restaurant combines traditional Southern dining with event space functionality. The unique concept and prime campus location have created a competitive advantage in the Auburn market. Currently operated as an absentee-owned business, demonstrating strong operational systems and management structure.
FINANCIAL PERFORMANCE:
- Annual Revenue: $240,000
- Seller's Discretionary Earnings: $80,000
- EBITDA: $45,000
- Asking Price: $120,000
- FF&E Value: $100,000
- Inventory Value: $20,000
- Monthly Lease: $10,000
- Lease Term: Through August 2033
LOCATION & FACILITIES:
The restaurant benefits from its proximity to Auburn University, ensuring consistent foot traffic from students, faculty, and visitors. The spacious layout provides ample dining capacity while accommodating private events and gatherings.
GROWTH OPPORTUNITIES:
Substantial expansion potential exists through:
- Utilization of currently underused space
- Extension to late-night hours with liquor license acquisition
- Enhanced event booking capabilities
- Increased marketing to university community
FINANCING & TRANSITION:
Seller financing available with 20% down payment at 8% interest. Comprehensive support package includes two weeks of hands-on training from the current owner plus six months of consultation services as needed.
This turnkey operation offers immediate cash flow with exceptional growth potential in a proven location with established customer loyalty and unique market positioning.
Ad#:2450607
