Very Profitable Family Restaurant in East Alabama

, Alabama 11 views 0 favorites

Financial Highlights
Asking Price
$980,000
Revenue
$1,500,000
Business Description

This well established restaurant and property for sale in East Alabama will start making you money on the first day you buy the business. This turnkey opportunity checks all the boxes when looking for a restaurant to purchase. This restaurant is an excellent opportunity for someone wanting to start in the restaurant business or someone wanting to expand their current business. This could be a move into a similar operation or a strongly associated business that could compliment a current business model into a new market or territory. The competition in the area is weak, the location is outstanding, and the cash flow and profitability is off the charts.. If you are looking for a well established, profitable, affordably priced opportunity, then you need to check out this business. . Location: Alabama Year Established: 2008 Number of Employees: 12 Home Based: Yes Real Estate: Owned Building Sq. Ft.: 3,500 Facilities: The restaurant and kitchen have recently been remodeled and a new floor installed. This building, kitchen and dining area are very attractive and immaculate. All Furniture, Fixtures, and Equipment are included in the sale. A list of assets will be provided to a serious buyer. The facility includes a private dining area and the entire dining area will seat 100 patrons and parking for up to 50 automobiles and an area for semi trucks or busses. Market Outlook/ Competition: Only one competitor in the market with a similar menu. This business dominates the family restaurant genre in the area. Growth & Expansion: The business does not currently sell alcohol, but a new owner could add for additional revenue. The catering business could be expanded as well as solicitation of private parties for the private dining area to increase sales.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 19, 2022

Updated: 1 day ago

Views: 11

Favorites: 0