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Reduced $50K Very Profitable 18 year family restaurant!!!!

Talladega County, AL

Seller Financing Available
Reduced $50K Very Profitable 18 year family restaurant!!!!
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Asking Price: $425,000

Cash Flow: $220,000

Gross Revenue: $1,487,000

EBITDA: N/A

FF&E: $200,000

Inventory: $10,000

Real Estate: $575,000*

Established: 2001

*not included in asking price.

Reduced $50K Very Profitable 18 year family restaurant!!!!

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Business Description

Nets 200k+

If you are looking for a cash cow in the restaurant business then this is it. This restaurant has been open for over 18 years and nets the owner over $200k with steady growth year after year. Business has grown consistently 14-18% over the past few years, and business is up over 10% already this year. Owner has detailed sales information for the last 5 years since POS system was installed and just recently upgraded POS system and credit card system.

Detailed Information

Location:
Talladega County, AL
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Can be purchased for $575,000, owner has old appraisal from 2015 of $562,000
Competition:
This is the biggest and busiest restaurant in town, however there are several restaurants in town ranging from fast food to sit down.
Growth & Expansion:
Tons of customers for expansion, but new owner could add alcohol and probably add up to 25-30% to sales
Support & Training:
Up to 4 weeks
Reason for Selling:
Other business interests
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Business Listed By:
Brandon Hunt

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