2018 Appraisal at $1.5M! Standalone Church's Chicken in Birmingham

Contact Seller
Asking Price:
$1,099,000

Gross Revenue:
$870,000
Cash Flow:
$230,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed
included in asking price

Share this business:

Business Description

Appraisal was done in 2018 that valued the property and business of a going concern at $1,500,000! Sellers are only asking $1,099,000 because of serious medical problems and their wish to retire to their home country! Just bring 20% to the table or $200,000 to make the deal work!

Sellers are absentee owners, therefore their labor cost is about $165,000. An owner-operator could reduce that cost substantially!

Located off a major Highway near the Interstate!

2016 Gross Revenue: $815,000.
Net Profit: $200,000.
?
2017 Gross Revenue: $860,000.
Net Profit: $240,000.

2018 Gross Revenue: $870,000.
Net Profit: $230,000.

Asking Price for Property is available at $1,099,000. Appraisal at $1,500,000!

If interested, please email info@riverbrokers.com with your full name and best contact number to reach you.

About the Business

Location:
Birmingham, Alabama
Real Estate:
Owned
Facilities:
Located off a major Highway near the Interstate!

Appraisal was done in 2018 that valued the property and business of a going concern at $1,500,000!
Growth & Expansion:
Sellers are absentee owners, therefore their labor cost is about $165,000. An owner-operator could reduce that cost substantially!
Contact the Seller

About the Sale

Reason For Selling:
Seller has serious medical problems and wish to retire
Training/Support:
Seller is willing to provide training!

Listing Info

ID:
1643987
Ad Detail Views:
0

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Kavita Purohit

River Brokers Real Estate
License# 000115817

 Show Phone Number

View My 79 Active Listings

Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.