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- RE: Profitable Bar, Special Events Venue & Restaurant
- Contact: Steve Weinbaum
Quick Facts
Asking Price: | $185,000 | |
Annual Revenue: | $676,528 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $63,372 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2010 | |
Employees: | 16 | |
BBN Listing #: | 42498096 | |
Broker Reference #: | 10090 |
Business Overview:
Calling all Restauranteurs! Take a look this Restaurant for Sale in Sylacauga, AL. A highly successful independent concept, this opportunity is generating sales of $800,000 and earnings over $60,000 for the current owner through multiple revenue streams including in-restaurant dining and special event catering. Tons of upside potential. Only open to Public FOUR NIGHTS A WEEK Seller Financing For a Well Qualified Buyer Established in 2010, this Restaurant for Sale is a local opportunity with a loyal customer base that is ready for new ownership. The owner's primary business is real estate and owns the building. He is willing to sell the restaurant at a fraction of it's market value and offer the new owner attractive lease terms on top of selling at a great price. The restaurant has been opening and operating for over 10 years. Annual sales are around $800,000 with the restaurant and bar only being open FOUR EVENINGS A WEEK. Catering and Special Events account for a large portion of their revenue resulting positive earnings. The venue is an impressive 13000 square feet in total. The restaurant and bar seat well over 100 inside and an additional 75 outside on their inviting patio for a total of 200 guests. For special events they can accommodate over 300. The kitchen is fully equipped with hood, grease trap, gas fryers, 6-burner stove, convection oven and much more... Recipes, name and concept transfer to you in the sale of this location offered by the Restaurant Brokers at We Sell Restaurants. The Seller owns the real estate and is offering an attractive base lease rat of only $5000 per month We will also work with you to transfer or acquire the licenses to operate. Invest in your future with this Restaurant for Sale. Your investment will provide you the opportunity for success, and it doesn't even hurt that there are some perks to being your own boss! Sylacauga is a town in Alabama with a population of 12,500 and is in Talladega County. Living in Sylacauga offers residents a sparse suburban feel and most residents own their homes. The public schools in Sylacauga are above average, a great place to operate a restaurant and raise a family. This Restaurant for Sale has something for everybody. From Burgers and fired pickles to hand cut prime steaks. What are you waiting for? This Restaurant for Sale won't last long, so be sure to secure your offer. Call or email the restaurant brokers today. By Providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
3 Gas Fryers 1 6 eye Gas Stove with oven 1 Flat top grill with oven 1 Charbroiler 2 Chest Freezer 1 Double Door Freezer 2 Double Door Refrigerators 1 Convection Oven 2 Microwaves 1 stand mixer 1 blender 75 dinner plates 75 salad bowls 75 plastic mugs 75 dessert plates 75 forks 75 spoons 75 butter knives 75 steak knives 17 tables 75 chairs 10 barstoolsMarket Competition and Expansion:
Expanded Hours Marketing Experienced Owner OperatorReason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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