Pizza at The Pass

Retail-Commercial for Sale
Catylist Listing ID: 30826188
Property Subtypes: Restaurant
Condo? Yes
Building Size (RSF): 2,314 SF
Gross Building Area: 13,844 SF
Sale Price: $1,950,000
Property Use Type: Business
Building Name: SanRoc Cay Marina
Usable Size (USF): 2,314 SF
Sale Terms: Cash to Seller, Owner Financing
Last Updated: 4/19/2024

Overview / Comments

Rare opportunity to purchase an established pizza restaurant along with the real estate in Orange Beach, AL! Pizza at The Pass was recently ranked as the #1 pizza restaurant in Orange Beach by Pizza Oven Radar (https://www.pizzaovenradar.com/p/best-pizza-in-orange-beach-al/). Please note that this offering is an asset sale only and has been priced as such (no financials will be provided). While the business is currently operating and will be conveyed in a turnkey fashion, the business is not being sold (only the assets).

Conveniently located directly across the street from the beach on Perdido Beach Blvd, the area’s major east/west highway running along the beach, Pizza at The Pass is perfectly situated in a corner commercial condo at the SanRoc Cay Marina. This highly profitable and turnkey restaurant can seat ninety-five customers and is being offered with all furniture, fixtures, equipment, décor, inventory, recipes, the website, Google listing, point of sale system, a loyal customer base, and more.

The real estate portion comprises of 2,314 heated and cooled square feet, two additional large storage units, and a limited common element patio that is used for outside seating. SanRoc Cay is constructed of solid masonry and is classified as a waterfront entertainment district allowing for patrons to carry alcoholic drinks while strolling along Cotton Bayou and checking out the many retail shops and restaurants that SanRoc has to offer. Additionally, SanRoc Cay offers its owners the ability to access and leverage a common element courtyard that can be used to host music and other events.

Pizza at The Pass was opened in May of 2022 and currently has 110 Google reviews as of October 26, 2023 with an average rating of 4.4 stars. With a health score of 100, it is clear that the owner-operators run the business in a top-notch fashion. While current management uses third party vendors for delivery, direct delivery could easily be leveraged as the business has two designated delivery parking spots ideally located in close proximity to the business. Management has recently obtained a liquor license to help further fuel sales.

The SanRoc Condo Owner’s Association simplifies ownership by taking responsibility for water, trash, and the maintenance of all common elements, common bathrooms, landscaping, awnings, windows, and exterior doors.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-65-02-10-0-000-069.000
Is Condo?: Yes
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: Perdido Beach Blvd
Tenancy: Single Tenant
Number of Stories: 2
Year Built: 1998
Roof Type: Flat
Construction/Siding: Concrete
Parking Type: Surface, Underground
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Zoning Description: General Business
Part of Planned Development?: Yes
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Unit C2 Sanroc Cay Condo In The City Of Orange Beach Sec 10- T9s-R5e (Wd)

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,832 12,253
Median Age: 52.64 44.89
Households: 1,795 5,348

Contact

Photograph of Listing Agent

Lance Niel

Re/Max of Orange Beach
Gulf Coast CMLS Member
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