Established Family Restaurant in Talladega

Talladega, AL
Talladega County

Metro Area


Asking Price: Annual Revenue:
$475,000 $1,300,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Established Family Restaurant in Talladega Broker: Randy Shurbet
Owner Financing is Available!
Owner will finance with 50% down payment

Quick Facts

Asking Price: $475,000
Annual Revenue: $1,300,000
Net Profit: $49,000
Cash Flow: $223,000
Total Debt: Not Disclosed
FF&E: $110,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 21
BBN Listing #: 574054399
Broker Reference #: 108127

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Business Overview:

This restaurant has been in business in the same location for 12 years and continues to grow each year. This is one of a few restaurants that can actually say their business grew during the Covid crisis. The business is managed by the owner and his wife with a long time employee as cook and kitchen manager that will stay with the transfer of ownership. The menu varies daily with the offering of meat and two or three vegetables. The menu also includes salads, sandwiches, steaks and seafood. The business requires two cashiers during the lunch hour and the wait staff offers consistent great customer service and is unparalleled with excitement and knowledge to make an exceptional dining experience. The owners pride themselves on serving the highest quality foods that taste like "Momma Cooked It". The customer base is the strength of the business along with the longevity in business and quality foods.

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Property Features and Assets:

The business is located on a major thoroughfare in the city and the restaurant is 3,900 square feet including kitchen and storage area. The parking area can accommodate 50 automobiles and seating is for 100 customers. There is a separate office space and a private dining area for events and business gatherings. The façade of the building and the inside dining area are well maintained and up to date in design in keeping with the name of the restaurant The kitchen area is well equipped and the entire facility is exceptionally clean. The property can be purchased separately.

Market Competition and Expansion:

Competition in the immediate area is made up of the usual national fast food restaurants but there are no other restaurants that serve a similar menu. Expansion of the business could be achieved with the addition of breakfast, Sunday lunch and the addition of catering and alcohol. The current menu items are very favorable for the area of location.

Reason for Selling:

Retiring

Additional Details:

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

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