This listing is for a great Family Restaurant with Barbecue done on real hickory wood, Great Burgers, hot dogs, Chicken, RIBS and all the sweets and fixings. The outdoor smoker smell makes you want to stop in every time.
The restaurant has a great local reputation. There is a lot of carry out business and local Catering opportunities. Very low overhead with rent at $1,000 per month. The owners have done significant equipment upgrades, post pandemic, to get ready for the next 10 years. For more information contact Rick Gilmore direct, 205-369-5584 or connect at [email protected]
Financial Information
$180,000
Asking Price
$79,863
Cash Flow
$543,360
Gross Revenue
On request
Down Payment
Business Location
City:
Birmingham
State:Alabama
Reason for Sale
Owner has some health issues and is ready to retire.
Detailed information
Year Established:2010
Home Based:No
Franchise:No
Relocatable:Yes
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 4
Part-Time Employees:4
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
$39,869
Inventory Included: Yes
Inventory Value:
$4,500
Monthly Rent:
$980
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
$0
Building Size: 1400
FF&E Included?: Yes
FF&E Value: $107,645
Training/Support
Seller plan to offer full training/Transition as part of accepted price.
Facilities
Free Standing 1400 SF with patio dining in front, sit down seating inside. There is parking on both sides and back. Easy egress onto Hwy 280.
The facility has $51,704 in equipment upgrades since the pandemic to get ready for the lake and football seasons
Market Outlook/Competition
Best in class in it's community.
Real Estate Description
Free standing building with patio and indoor seating
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