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Successful Restaurant On Major Highway With Real Estate! In Alabama For Sale

Alabama, US
Asking Price:
$800,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,100,000
Cash Flow:
$100,000

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.
Facilities:
A full Kitchen with plenty of parking means this restaurant fills up at lunch and dinner.
Real Estate Available: Yes
Real Estate Included: Yes
Real Estate Value: $475,000.00
Real Estate Description:
Two Parcels one is 167' x 141' and the other is 209' x 75' Total 39,222 sq ft

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Is Going Concern: Yes

Property Information

Real Estate:

Real Property Included

Size in square feet:
2,100

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 10, Part Time: 5
Years established:
12

Other Information

Support & training:

30 days training and support

Financing available:

Downpayment Required: ON REQUEST

Furniture / Fixtures value:
$40,000 - included in the asking price
Inventory / Stock value:
$4,000 - included in the asking price