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Restaurant- Large Loyal Customer Base For Sale

Alabama, US
Asking Price:
$297,500 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$526,000
Cash Flow:
$113,151

Highly popular Restaurant featuring BBQ meats, chicken, burgers, and much more
Facilities:
Free standing facility- 2,800 Sq Ft
Land- .76 acres
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value: $300,000.00
Real Estate Description:
Land- .76 acres

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: $2,150.00
Owner worked hours per week: 40
Market Competition: The only restaurant in this large residential area. Soon to add even more houses.

Property Information

Size in square feet:
2,800

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 3, Part Time: 10
Years established:
19

Other Information

Support & training:

Owner will train during the transition period

Financing available:

Downpayment Required: $5,000.00

Furniture / Fixtures value:
$45,000 - included in the asking price
Inventory / Stock value:
$4,000 - included in the asking price