The Bone and Barrel

Business Opportunity for Sale
Catylist Listing ID: 30872305
Property Subtypes: Food and Beverage
Building Size (RSF): 3,416 SF
Sale Price: $350,000
Name of Establishment: The Bone and Barrel
Business Website Address: https://www.facebook.com/TheBoneandBarrel/
Franchise Parent Name: None
Year Business Established: 2016
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to Seller
Last Updated: 7/25/2024

Overview / Comments

Great Restaurant and Bar in the Charming City of Fairhope. Great downtown location with great street traffic as well as walking traffic. Has great local clientele as well as great traffic from the constant flow of tourist. Fairhope is a great traffic destination for tourist for the year around festivals, the beautiful bay area and short distance to Gulf Shores and Orange Beach. Business is great and growing.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Industry Segment: Restaurants
Reason for Selling: Reduce number of Business Locations. Wants to scale back.
Value of Inventory Included ($): $50,000
Value of Furniture, Fixtures, and Equipment ($): $300,000
Value of Real Estate Included ($): $0
Real Estate Lease Description: 5 year with 2 years remaining. Option to renew available.
Employee/Labor Description: Cooks, Waitresses, Hosts.
Competition/Market Description: Well established local restaurant and bar. Has great clientele. Competition is minimal.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,575 13,274 31,182
Median Age: 51.69 46.47 43.16
Households: 2,707 5,981 12,679

Contact

Photograph of Listing Agent

James Henderson

Realty Executives Bay Group
Gulf Coast CMLS Member
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