Listing #: 133-00052
Category: Food/Restaurant
  • Listed Price $ 179,000
  • Down Payment $ 150,000
  • Gross Sales $ 936,888
  • Total Income $ 0
  • Equipment/Fixtures$ 250,000
  • General Location South Alabama
For more information contact:
Patrick Marsch Jr.
Office: (615) 450-0410
Cell: (615) 544-5380
Office Website

Two Alabama Restaurants with approx. $1 Million in combined proven sales

These two Southern Alabama restaurants have very similar equipment and build-outs.  All of the equipment is in excellent condition.  The build-outs were around $200k each, and have an additional $125k in equipment.  The owner is located several hours away, and has decided that he would like to sell these, because he cannot give them the attention they need.  They are both in great locations with large anchor stores which bring in a lot of daily traffic.  Combined sales of $938k in 2016 and growing.

Financial Information

  • Gross Sales:$936,888
  • Total Income: $0
  • Listed Price:$179,000
  • Down Payment $150,000

Financing:

Assets & Lease Information

  • Inventory: $0
  • Leasehold Improvements: $400,000
  • Equipment/ Fixtures: $250,000
  • Base Rent: $0
  • Total Rent: $0
  • Rent Deposit: $0
  • Year Established: 2015
  • Square Feet: 0
  • Lease Ends:
  • Lease Options:
  • Categories: Food/Restaurant
  • Other Assets:

Additional Information

  • Full-Time Employees:0
  • Part-Time Employees: 0
  • Contract Staff: 0
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  • Training Period: 2 Weeks
  • Special License Required:
  • Reason for Selling: Other Businesses

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.