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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Alabama Businesses For Sale Categories   >>   

Restaurant For Sale

Location  Alabama,United States
Asking Price Range  < $250K
Gross Revenues  $90000
Net Profit / Cash Flow  $22750
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1978
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Yes.
Reason for Sale  Personal.
Description  Owner ready to retire, must sell soon. Well established local bar-b-que restaurant; in business for 32 years. Great reputation, great client base. Located on a major road near downtown, close to government buildings the air force base and the coliseum. This is a tremendous opportunity for the right new owner. Current owner is unable to maintain business; still making a profit but has the potential to increase much more. The owner is elderly yet still running the business therefore, they currently close at 5:30 p.M. They do not advertise the business. They have not updated the menu or facility in years. Has the capacity to seat 45 people but the space is greatly under-used. Sales price includes $50,000 worth of equipment including walk-in freezer, cooker/smoker, grill, and ice cream machine. New owner must purchase the real estate from the current owner for $150,000. Total sales price $225,000. Will consider any reasonable offer. Contact for more information on this restaurant for sale.
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