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Restaurant with Real Estate

Coosa County, AL
Restaurant with Real Estate
Asking Price : $75,000   
Cash Flow : $100,000   
Gross Revenue : $400,000   
Inventory : N/A   
Real Estate: $175,000*   
FF&E: $50,000   
Year Started: 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%.

Real Estate: Owned

Furniture, Fixtures, & Equipment (FF&E): Included in asking priceFinancing:$150k down

Reason for Selling: Retiring