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Business Listed by

Sunbelt Birmingham

Contact: Gary Wallace
Office Phone: 205-879-7220
Mobile Phone:
Listing ID: BIRMIAL001-N833

Restaurant - Breakfast, Lunch, Specialty Burgers

Financial Information

  • Asking Price: $89,500
  • Gross Revenue: $261,417
  • Cash Flow: $51,443
  • Down Payment: $45,000
  • FF&E (Not Included): ON REQUEST
  • Inventory: N/A
  • Financing: Yes

Business Location

  • Shelby
  • Shelby County
  • Alabama
Primary Business Category: Restaurants

An established restaurant in a prime location with heavy traffic. Easy access. Well known in the area with loyal customers. Growth of $13,000 from 2017 tax return to 2018 tax return. Owner will stay on as cook if needed for 4 days per week. Breakfast served all day. Specialty Hamburgers and Hot Dogs, custom sandwiches.  Daily meat and two or meat and three specials at reasonable prices.  One of the fastest growing cities in the area. Private room for club or family meetings and dining. Very exposed to major highway.Call Gary Wallace at 205-602-5827 or email [email protected] to learn more about this great opportunity.


Competition Description

No competition in this strip mall.


Growth / Expansion overview

Growth very likely with active management, Expansion is possible.


Support / Training Comments

Available by present owner


Financing Comments

Owner will finance 50% at 7% over 24 months


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 2015
  • Franchise: No
  • Year Acquired: 2017
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business, Health

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: Monday-Sunday
  • Hours Open: 5:30 AM to 2:00 PM
  • Fulltime Employees: 3
  • Part time Employees: N/A
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $4,361
  • Building Size: 2,200 sq ft
  • Parking: Unlimited
  • Monthly Rent: $1,900
  • Lease Expires: 12/01/2021

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