#1022
This Loco’s Grill & Pub is located 1120 S. College St. Auburn, AL 36832. This is an exciting opportunity to own a sports grill restaurant just steps away from Auburn University and the 2011 National Football Champions which adds an exciting element as home games along with all AU teams adds thousands to area.
Freestanding 4,811/sf with 780/sf patio, full service bar with tons of parking. Fully equipped kitchen with 56/sf walk in can handle any game day volume. Opened in 2003 at a cost of almost $2,000,000 with no expense sparred to create a really stunning restaurant. Gross sales in 2010 were $1,619,539 with small net for that year with Absentee Owner. Net sales ( not gross ) in 2011 through July are $953,370 but Aug-Nov are usually are best months when Auburn U kicks into full gear. Sales at this location have exceed $2,000,000.
The main Owner has other non-restaurant business interests and is only involved in this Loco’s on a part time basis. A new hands on and energetic franchisee has endless possibilities. Keep as Loco’s Grill & Pub and become a franchisee or convert to any full service or casual concept although the best use is as a sports bar restaurant.
Priced at $1,675,000 which includes real estate, building and all assets of business.
(This is an Open and Operating Business. Please do not make any attempt to contact Staff, Management, and or Ownership. Documentation and Inspections will be provided upon request)
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