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Business Listed by

Sunbelt Birmingham

Contact: Rick Gilmore
Office Phone: 205-879-7220
Mobile Phone:
Listing ID: BIRMIAL001-N835

Landmark Casual Restaurant in the Shoals Area

Financial Information

  • Asking Price: $220,000
  • Gross Revenue: $958,350
  • Cash Flow: $74,484
  • Down Payment: ON REQUEST
  • FF&E (Not Included): ON REQUEST
  • Inventory: $7,000
  • Financing: No

Business Location

  • Colbert
  • Birmingham
  • Alabama
Primary Business Category: Restaurants

Come aboard now to purchase a piece of history for the Shoals area. This is a landmark, family friendly, fast casual restaurant . It is known for its venerable menu of staple items that are great tasting and moderately priced. There is ample parking on this free standing location for the loyal take out business crowd as well as ample seating for the casual sit down dining crowd. There is private dining available as well.The real estate is available for purchase at an asking of $280,000.for more information contact Rick Gilmore 205-879-7220 x13 or via E-contact [email protected]


Competition Description


Growth / Expansion overview


Support / Training Comments

Seller will negotiate a transition period


Financing Comments


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1996
  • Franchise: No
  • Year Acquired: 1996
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business, Health

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $280,000
  • Real Estate Asking: $280,000
  • Days Open: Monday- Saturday
  • Hours Open: 11am-9pm
  • Fulltime Employees: 2
  • Part time Employees: 20
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $23,016
  • Building Size: 4,750 sq ft
  • Parking: Ample
  • Monthly Rent: ON REQUEST
  • Lease Terms: Available for lease or purchase

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