Seller's Contact Information
- RE: Price Reduced OnTurnkey Diner In Birmingham Area
- Contact: Randy Shurbet
Quick Facts
Asking Price: | $150,000 | |
Annual Revenue: | $800,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $70,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 125,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 7 | |
BBN Listing #: | 529354399 | |
Broker Reference #: | 13650 |
Business Overview:
This very popular diner has been listed as one of the top ten restaurants in the Birmingham metro area for breakfast as listed by Al.com. The diner is also one of the top meat and three restaurants in the metro area and has been profitable each year since beginning business. The friendly atmosphere along with the outstanding personal service offered by the wait staff that have been with the restaurant since inception, results in a positive dining experience. Even though prices have continued to rise in the industry along with shortages from the pandemic, management has kept the prices consistent without sacrificing the quality of the food being served. Truly a unique southern comfort restaurant experience that keeps customers returning weekly.
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Property Features and Assets:
The restaurant offers a décor of southern charm furniture and fixtures for a very comfortable atmosphere. The business has outstanding curb appeal to the major highway that it fronts. The square footage of the business is approximately 1,800 square feet including kitchen area and seats approximately 50. There is adequate parking to accommodate up to 40 automobiles and the business has been located in the same building for the entire past six years. The kitchen equipment is all operational and well maintained.
Market Competition and Expansion:
The competition in the area is moderate with only a few restaurants that offer a full breakfast menu and a wide variety of meats and vegetables for lunch. The usual fast food restaurants that offer a limited breakfast menu are in the area. Catering and delivery, plus opening for dinner are a few areas for potential growth.
Reason for Selling:
Retirement
Additional 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
Documents:
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