The perfect opportunity for an owner operator. This very well known family oriented restaurant featuring delicious family recipes with large portions served in a casual and friendly environment. The well know restaurant has seating for 110 along with a separate space for special events and private dining. The restaurant is fully staffed and has a seasoned kitchen crew that has been in place for many years. To learn more about this opportunity please contact Don Smith at 205-879-7220 Ext 10 or email [email protected]
Financial Information
$525,000
Asking Price
$207,166
Cash Flow
$1,570,654
Gross Revenue
Negotiable
Down Payment
Yes
Financing
Business Location
City:
Birmingham
State:Alabama
Reason for Sale
Absentee Ownership
Detailed information
Year Established:2008
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 18
Part-Time Employees:23
Contractors:N/A
Owner Worked Hours/w:N/A
Inventory Included: No
Monthly Rent:
$6,530
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 4750
FF&E Included?: No
Training/Support
Seller will negotiate a transition period
Market Outlook/Competition
This is an established neighborhood restaurant with a loyal following. This is an excellent opportunity for an active owner operator who can put their own touch on the restaurant and the ability to expand catering and special events.
Real State Description
Free standing 4,750 square foot facility with separate event/banquet room with ample parking.