Please Confirm
Are you sure you wish to REMOVE from your request basket?
Best Restaurant Deal In Alabama
TALLADEGA, AL
TALLADEGA County
Metro Area
 |
|
| Asking Price: | Annual Revenue: |
| $1,400,000 | $1,900,000 |
Food & Beverage: Restaurants, Fast Food, Deli
Request More Information
Contact the Seller
RE: Best Restaurant Deal In Alabama
Contact: Randy Shurbet
Owner Financing is Available!
Some Possible Owner Financing with Down Payment and Good References and Credit
Quick Facts
| Asking Price: | $1,400,000 | |
| Annual Revenue: | $1,900,000 | |
| Net Profit: | $300 | |
| Cash Flow: | $254,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 150,000 | |
| Real Estate: | $750,000 | |
| Year Established: | 1999 | |
| Employees: | 23 | |
| BBN Listing #: | 961654399 | |
| Broker Reference #: | 108127 |
Request More Information
Contact the Seller
Business Overview:
Very seldom do you find a restaurant this well established and profitable located in a beautiful small town near a popular lake and tourist attraction. This iconic restaurant has been in business in the same location for 23 years and profitable for the last ten consecutive years including the pandemic year. This is an excellent opportunity for a young couple starting out in the food service business to start earning money as soon as they open the door. This is a solid investment that will return an investment very quickly. The business offers dine-in, pick-up, delivery, and catering service as well as a private dining area for special occasions and business meetings. The management of the business has been a husband-and-wife team and the majority of servers have been there for over ten years. The service has a small-town friendly appeal that keeps the customers returning on a weekly basis. The service and quality of food is unparalleled, and all the employees are very knowledgeable and are cross trained through all aspects of the business. The new owners of this business will have a lifelong operation that will serve them and their family handsomely.
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:
The property has been recently updated with a new energized look that has excellent curb appeal. The dining and kitchen area is 4000 square feet, and the seating will accommodate around 150 patrons with an outside parking area for 50 automobiles and several buses. The real estate is owned and due to the location of the business, the value increases annually. The location is on a major thoroughfare that leads into the main downtown area.
Market Competition and Expansion:
There is no competition in the immediate area serving a similar menu. The usual national and regional fast-food chains are in the area but no family dining restaurants such as this business serving 'Home Cooked' meals.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Alabama businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
Contact the Seller
