Price Drop - 30 Yr. High Vol. / High Margin Buffet

Not Disclosed, AL
Mobile County


Asking Price: Annual Revenue:
$400,000 $1,288,981

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Price Drop - 30 Yr. High Vol. / High Margin Buffet Broker: William Kleinschrodt
Owner Financing is Available!
$250,000.00

Quick Facts

Asking Price: $400,000
Annual Revenue: $1,288,981
Net Profit: Not Disclosed
Cash Flow: $381,389
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 15
BBN Listing #: 201955279
Broker Reference #: 24876-290703

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Reputable Chinese Restaurant & Buffet with desirable location in major Gulf Coast City. Incredible following and repeat customers. Family owned and operated for past 30+ years in same location. Best lunch buffet in town. Restaurant is located on major road connecting airport and residential areas to I-65/I-10. Owner is seeking retirement, but will gladly assist buyer for seamless transition. Owner will assist buyer for up to one month (included in listing price) and up to 6 months for reasonable compensation as mutually agreed. Excellent business acquisition opportunity for a fast-paced, high volume, high quality family-run business.

Priced at 1X Seller's Annual Net Income (with only $250k down)!!! Consistent net cash flow of $300-400k per year, every year. How often can you find a business for sale where your entire payback period is less than 1 year??? Call us today as Seller is highly motivated to find buyer ASAP.

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:

Landlord willing to sign long-term lease with options.

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!