Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Profitable Iconic Family Owned Restaurant Business For Sale

Alabama, US
Asking Price:
$1,300,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,600,000 (USD)
Cash Flow:
$196,000 (USD)

These family-owned famous restaurants known for Fried Chicken and Seafood have been under the same name for 34-years with an excellent reputation for great fried chicken and vegetables. Known for home-style cooking, vegetables, fried chicken, Po-Boys, and the daily, all you can eat, buffet. The drive-through windows are robust income producers. In 2020 the business grossed $1.6MM with a cash flow of $196K from the two locations.

Business Attributes
Both restaurants are centrally located in high traffic areas, which contributes to excellent advertising visibility. The real estate is included and positioned on major north/south highways with residential neighborhoods nearby. Both have large parking lots. One facility is 6,400 square feet and seats about 104, and the other is 2,400 square feet and seats about 24. The estimated value of the real estate is $1,140,000. Building 1 has 2 to 3 office spaces located on the second floor, each with a private bath, and would generate additional income. With the real estate's estimated value at over $1,140,000 and a cash flow of $196,000 (2020), this business offers an excellent value and opportunity for you to work and live in a fast-growing area and be near the beaches.

Property Information

Real Estate:

Real Property Included

Premises Details:

ON REQUEST

Size in square feet:
6400 sq ft

Business Operation

Expansion Potential:

The business needs a more active web presence and an online menu.

Competition / Market:

There are many restaurants in the area; however, these family-owned restaurants have won Baldwin County's Best the last two years.

Reasons for selling:

Retiring

Trading hours:

Days: 7, Hours: 1030 AM - 09:00 PM

Employees:
Full Time: 24, Part Time: 10
Years established:
39

Other Information

Support & training:

2 Weeks

Financing available:

Seller Financing Available and Negotiable

Furniture / Fixtures value:
$75,000 (USD) - included in the asking price
Inventory / Stock value:
$20,000 (USD) - included in the asking price

Contact Sunbelt of Mobile

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here