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Meat and Three with Real Estate

Coosa County, AL
Meat and Three with Real Estate

Seller Financing Available

Asking Price : $ 75,000    
Cash Flow : $ 100,000    

Gross Revenue : $ 400,000    
Inventory : N/A    
FF&E: $ 50,000    
Year Started: 2017    
Rent: N/A    

Business Description

Well established local family restaurant is being offered at an incredible deal. The only restaurant in a 12 mile radius, everybody in town eats here.

Great southern style “meat and three” that offers all the traditional favorites. This is a turnkey opportunity that is fully staffed with long-tenured local employees. You can come in and run it hands-on, day-to-day, or promote one of the employees to a general manager and let them run it for you.

Cash flow is strong and business is steady. What’s make this deal incredible is the terms the seller is offering. You can own this business and real estate for just $250K BUT with just $150K down you can assume the current owners loan, which has an interest rate of less than 4%.

Detail Information

Location: Coosa County, Alabama

Inventory : Not Included in asking price

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Real Estate For Sale

Building SF : N/A

Real Estate Value: $ 175,000

Is Real Estate Included in Asking Price?: Not

Employees: 11

Year Established: 2017

Reason for Selling: Retiring

Financing Available?: Yes

Financing: $150k down

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