Iconic Fine Dining Restaurant, Extremely Well-Priced

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Restaurants & Food Businesses for Sale

  • Primary Category: Other Restaurants for Sale

A white tablecloth experience and an unmatched bar. The staff and kitchen bring the very best to a memorable evening. The dining experience grows with ever-changing menus. This city has great offerings for upscale dining. You will not find a finer adorned restaurant with seating for 132 in this price range. For more information contact Rick Gilmore directly 205-369-5584 or connect at [email protected].

Financial Information

  • $385,000 Asking Price
  • $127,103 Cash Flow
  • $1,708,433 Gross Revenue
  • N/A Down Payment
  • N/A Adjusted EBITDA

Business Location

  • City: Birmingham
  • State: Alabama

Detailed information

  • Year Established: 2016
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 10
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: 40
  • Inventory Included: Yes
  • Inventory Value: $15,000
  • Monthly Rent: $5,000
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: N/A
  • FF&E Included?: Yes
  • FF&E Value: $338,874

Training/Support

  • The owner will provide training and transition as part of acceptance

Facilities

  • The restaurant and bar are immaculate, the owner spared no expense in making the restaurant and bar look and feel intimate with FFE of over $330,000 (OCN) and leasehold and décor touches totaling over $270,000. It is truly best in class.

Market Outlook/Competition

  • The market for upscale in the metro dining district continues to thrive and grow.

Real Estate Description

  • Leased property with Dining district frontage and valet parking, patio dining and private event space available
Business Listed by
image of Rick Gilmore
Rick Gilmore
Sunbelt of Birmingham
Email Rick
Show Phone Number
Listing ID
BIRMIAL001-57276

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