Owner Net – Restaurant
Location: United States -> Alabama -> Birmingham
Industry: Food and Beverage > Other Food and Beverage
Business Summary
Great opportunity to acquire a successful, cash flowing restaurant for sale. Current owner’s benefit was $83,632 for 2007 from sales of $487,082. Business can be purchased as an investment, as management and staff are in place, or owner/operator for a greater profit. Diner themed franchise is easy to operate and well recognized. Low royalty rate and state of the art systems are in place for monitoring sales,food and labor costs integrated into Aloha POS. The purchase price of $220K includes all FF & E. The real estate is available for a reasonable $600K. For Non-Disclosure/C.A. email or call 423-566-5575.
Financials
Asking Price Range: < $250K
Gross Revenues: $487,000
Cash Flow: $80,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Yes
About The Business
Year Established: 2005
Number of Employees: 10 – 19
Relocatable: No
Franchise: Yes
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: 2 weeks corporate / 2 weeks owner.
Reason For Selling: Other business pursuits.
