Successful Restaurant on Major Highway with Real Estate!

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Agriculture Businesses for Sale

This restaurant which includes real estate, is a very popular place for locals and returning visitors coming down to the beach. When you eat here, you get that feeling of being at an old local dinner but with food that is more modern. This restaurant continues to bring in business even during Covid times. Plenty of parking and a 300 sqft patio for outside seating. All the furniture fixtures and equipment are included. This is a turnkey business where you will be making money from day 1 after closing. Large menu to cater to all sorts of customers and something for everyone. A long history of feeding tourists and locals. Our food is cooked to order and always fresh! Our hand-pressed burgers are a customer favorite, along with our seafood! Philly's are made with ribeye we slice ourselves, and our smoked tuna is made with tuna that we smoke! Our veggies, which are cut daily, are for our delicious salads, and the chili is as homemade as it gets! Our fresh chicken sandwiches are made on a sourdough bun with chicken that is hand cut, and the fried pickles are battered to order! The real estate is included in the purchase and includes an empty lot behind the restaurant. Use this large lot to expand the business or other entrepreneurial options. Buy this restaurant now, before someone else does.

Financial Information

  • $800,000 Asking Price
  • $100,000 Cash Flow
  • $1,100,000 Gross Revenue
  • On request Down Payment

Business Location

  • City: Confidential
  • State: Alabama

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 2012
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 10
  • Part-Time Employees: 5
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Adjusted EBITDA: N/A
  • Inventory Included: Yes
  • Inventory Value: $4,000
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $475,000
  • Building Size: 2100
  • FF&E Included?: Yes
  • FF&E Value: $40,000

Training/Support

  • 30 days training and support

Facilities

  • A full Kitchen with plenty of parking means this restaurant fills up at lunch and dinner.

Real Estate Description

  • Two Parcels one is 167' x 141' and the other is 209' x 75' Total 39,222 sq ft
Business Listed by
image of David Chew
David Chew
Sunbelt of Mobile
Email David
Show Phone Number
Listing ID
MOBILAL001-53166

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