Turn Key Operation. New Franchise Opportunity. Free standing location in the heart of the UAB campus with seating for 90 and an outdoor patio. The build out is scheduled to be completed by the end of January 2024. Opportunity for beer and wine sales. The location will service the UAB students through it's affiliation with the campus meal card as well as the surrounding neighborhoods and hospitals in the immediate area.
This is a very unique opportunity with a lease through UAB's current campus food service provider that includes full maintenance on the grounds and equipment. Prior restaurant experience is preferred. To learn more about this exciting opportunity please contact Don Smith at 205-879-7220 Ext 10 or email [email protected]
Financial Information
$449,000
Asking Price
N/A
Cash Flow
N/A
Gross Revenue
Yes
Financing
Business Location
City:
Birmingham
State:Alabama
Reason for Sale
New Franchise Opportunity
Detailed information
Year Established:2024
Home Based:No
Franchise:Yes
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
N/A
Inventory Included: No
Monthly Rent:
On request
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 5700
FF&E Included?: Yes
FF&E Value: $0
Training/Support
Full franchise training will be provided
Market Outlook/Competition
Current UAB enrollment is over 21,000. Meal plan revenue for freshmen only was over $10 million including both meal plan and dollars that can be used in retail. There are opportunities to provide catering service to a variety of campus organizations, clubs and meetings. Additional opportunities will be available through delivery to the hospitals and surrounding neighborhoods within a 6 mile radius of the location.
Real Estate Description
5700 square foot free standing location with parking in the heart of the UAB campus. Located near several residential dormitories. Patio seating as well as 2100 sq ft dining area.