Well established community restaurant

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Full breakfast, Meat and 2 or 3 type lunches. Steaks for dinner
Asking Price:

Gross Revenue:
Cash Flow:
included in asking price

 Not Disclosed
included in asking price

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Business Description

Open seven days a week. Owned by one family for over 30 years. Closed in 2016 for several months before new owners completely remodeled and opened in Feb of 2017.

About the Business

Montgomery, Alabama
Year Established:
Number of Employees:
Real Estate:
Building Sq. Ft.:
$3,000.00 Per Month
Lease Expiration:
In small shopping center with ample parking. Most kitchen equipment purchased new in 2017. All tables and chairs refinished in 2017. Big screen TVs, high speed POS ordering system. Plenty of storage space. Walk in cooler, double door upright cooler, double door upright freezer, single door upright freezer. Two chest freezers. Huge bar made with concrete that looks like granite.
Market Outlook/
One restaurant within 1 mile that is similar that is open for breakfast and lunch only Monday through Friday.
Growth & Expansion:
Excellent growth potential. Very successful with no advertising. Word of mouth is the only form of advertising. Energetic person with a drive for success and hands on attitude will be very successful.
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About the Sale

Reason For Selling:
Health, We opened restaurant as an investment and ended up having to run it.
Will work with for 2 months for training and gradual transition. Will be glad to provide support and help on as needed bases.
Seller Financing:
negotiable - Lets get together and make a deal

Listing Info

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Business Listed by
Pete Thomas

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