Decks and Docks Leesburg Alabama Lakeside Restaurant & Bar for Sale or Lease w/3-Acres & Home – $540,000 2020 Net Profit – 2021 Sales-Profit Up – Owner Financing

by Steven Josovitz

Post image for Decks and Docks Leesburg Alabama Lakeside Restaurant & Bar for Sale or Lease w/3-Acres & Home – $540,000 2020 Net Profit – 2021 Sales-Profit Up – Owner Financing

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(This is an Open and Operating Business.  Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, and or Ownership. Documentation and Inspections will be provided upon request)  

Decks and Docks is located at 165 Chambers St, Leesburg, AL 35983.

Freestaning 3,000/sf.

Seating inside for 120.

14-seat bar.

Outdoor Seating for 180.

Two-Level outdoor deck..

Dock for boats.

Owner spent almost $1M in 2018 on upgrades to restaurant.

3-bedroom House.

2019 Gross Sales $1,400,000.

2019 Net Profit $400,000

2020 Gross Sales $1,600,000

2020 Net Profit $540,000.

2021 Sales and Profit are Up.

Profits are after GM salary of $60,000 plus free rent on house.

$2,895,000 “lock, stock and barrel ” for Business, Property, and Home or buy the business only for $1600,000. Owner financing on either option with a $1,000,000 down payment. Rent on business purchase only would be 7% of Gross Sales with base rent at $5,000 per month.

YELP

FB

Tripadvisor

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