Great Neighborhood Restaurant & Bar

Birmingham, AL
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Asking Price:$1,195,000
Gross Revenue:$2,944,973
Rent:$13,000/Month
Cash Flow:$378,663
Inventory:$25,000
FF&E:$697,166
BUSINESS DESCRIPTION

Very nice restaurant and bar located in one of the nicest retail shopping districts in metro Birmingham. This 5000 square foot leased space offers seating for 160 and a patio that seats 30 suitable for year round dining. There is a fabulous bar offering dozens of draft beer options and TV's throughout.

The extensive menu of creative salads, tenders, wraps, steaks, burgers, are guaranteed to please and offer something for everyone. The opportunity would allow you to continue as is or add your own culinary touch.

The current owner is absentee and has decided to sell this very profitable location. The restaurant is fully staffed with layers of management in place. To learn more about this very exciting opportunity please call Don Smith 205-879-7220 Ext. 10 or email donsm@sunbeltnetwork.com.


DETAILED INFORMATION
Location
Birmingham, AL
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Employees
62
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Leased space in upscale retail shopping district
Competition
Located in an upscale shopping district with other restaurants and retail that brings traffic to the area.
Support & Training
Seller will negotiate a transition period
Reason for Selling
Absentee Owner
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Don
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Don Smith