Favorite Family Restaurant in East Alabama

Not Disclosed, AL
Randolph County

Located on Major Highway


Asking Price: Annual Revenue:
$980,000 $1,600,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Favorite Family Restaurant in East Alabama Broker: Randy Shurbet

Quick Facts

Asking Price: $980,000
Annual Revenue: $1,600,000
Net Profit: $54,000
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: $130,000
Real Estate: $600,000
Year Established: 2000
Employees: 20
BBN Listing #: 744454399
Broker Reference #: 123400

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Business Overview:

This restaurant has been the favorite "Go To " place for over twenty years and pulls patrons from all over due to it's sterling reputation for service and consistent quality food. The majority of the staff have been with the business for ten years and will remain along with the manager with a new buyer. The building has been remodeled and a new floor installed as well as new paint and a fresh look on the inside and the outside. The business is well organized and operates very efficiently. The cleanliness of the business is outstanding and is welcomed and noticed by the customers. The owner has four businesses and has decided to downsize to one business. This is an excellent opportunity for someone wanting to start in the restaurant business or for an established business to expand it's brand. Start making money from the first time you turn the key.

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Property Features and Assets:

The property is located on a major US Highway and attracts daily motorists as well as truckers and buses. The parking area is large and can accommodate all type vehicles. The building is 3500 square feet including kitchen facilities and storage area. There is a walk-in cooler and a walk-in freezer. Seating will accommodate 100 customers and there is a private meeting room. The restaurant is professionally designed and has excellent curb appeal. A video of the facility is available for review.

Market Competition and Expansion:

There is only one other restaurant in the area that serves a similar menu all though not as extensive. The normal pizza and fast food restaurants are in the area, but this restaurant is number one in volume.

Reason for Selling:

Downsizing

Additional Details:

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

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