Business For Sale

Restaurant Business with Property at 15% Cap Rate

Birmingham, AL
Jefferson County

Located off a major Highway near the Interstate


Asking Price: Annual Revenue:
$1,249,000 $860,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant Business with Property at 15% Cap Rate Broker: Kavita Purohit

Quick Facts

Asking Price: $1,249,000
Annual Revenue: $860,000
Net Profit: Not Disclosed
Cash Flow: $185,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 765633274
Broker Reference #: Not Disclosed

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Business Overview:

The property was purchased over 10 years ago by an older, retired couple with medical problems. Their son was a manager at the Church’s and unfortunately was in an accident with a drunk driver in 2016. The son is disabled and can no longer work in the business.

The mother is a retired accountant that used to work in loan underwriting. She has maintained the bookkeeping and has kept tax returns in good standing so that the property is eligible for an E2 Visa Application. The Visa Candidate must have good credit to qualify with the Church’s franchise.



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Property Features and Assets:

Located off a major Highway near the Interstate! 2016 Gross Revenue: $815,000. Net Profit of $160,000! 2017 Gross Revenue: $860,000! Net Profit of $185,000! 2018 Gross Revenue YTD is exceeding past performance!

Reason for Selling:

Owner is Retiring

Additional Details:

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

Relevant Links:

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