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Local Iconic Comfort Food Restaurant In Birmingham For Sale

Birmingham, Alabama, US
Asking Price:
$180,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$543,360
Cash Flow:
$79,863

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, ------------ or connect at [email protected]
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
Real Estate Available: No
Real Estate Included: No
Real Estate Description:
Free standing building with patio and indoor seating

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: $980.00
Owner worked hours per week: 0
Is Going Concern: Yes
Market Competition: Best in class in it's community.

Property Information

Size in square feet:
1,400

Business Operation

Reasons for selling:

Owner has some health issues and is ready to retire.

Employees:
Full Time: 4, Part Time: 4
Years established:
14

Other Information

Support & training:

Seller plan to offer full training/Transition as part of accepted price.

Financing available:

Downpayment Required: ON REQUEST

Furniture / Fixtures value:
$107,645 - included in the asking price
Inventory / Stock value:
$4,500 - included in the asking price
Relocatable:
This business can be relocated.