Meat and Three with Real Estate
Coosa County, ALSeller Financing Available
Asking Price :
$ 75,000
Cash Flow :
$ 100,000
Gross Revenue :
$ 400,000
Inventory :
N/A
FF&E:
$ 50,000
Year Started:
2017
Business Description
Well established local family restaurant is being offered at an incredible deal. The only restaurant in a 12 mile radius, everybody in town eats here.Great southern style “meat and three” that offers all the traditional favorites. This is a turnkey opportunity that is fully staffed with long-tenured local employees. You can come in and run it hands-on, day-to-day, or promote one of the employees to a general manager and let them run it for you.
Cash flow is strong and business is steady. What’s make this deal incredible is the terms the seller is offering. You can own this business and real estate for just $250K BUT with just $150K down you can assume the current owners loan, which has an interest rate of less than 4%.
Detail Information
Location: Coosa County, Alabama
Inventory : Not Included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Real Estate For Sale
Building SF : N/A
Real Estate Value: $ 175,000
Is Real Estate Included in Asking Price?: Not
Employees: 11
Year Established: 2017
Reason for Selling: Retiring
Financing Available?: Yes
Financing: $150k down