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Asking Price
$375,000

Annual Cash Flow $224,000

Annual Revenue $822,000


EBITDTA: $224000

FF&E: $20,000

Ref ID: APM1948

Real Estate: $250,000

Established: 1986

Business Description

A profitable, award winning, and well known restaurant is for sale in Baldwin County. In 2020 the business grossed $822,000 with a cash flow of $224K. The restaurant is family owned under the same name for 34 years and has an excellent reputation. It is known for home style cooking, vegetables, fried chicken, and seafood Po Boys. Take out orders account for a significant portion of the sales, and the drive through window is a robust income producer.

Detailed Information

State:AL

Listing Agent:Andre Martineau

Inventory: Included in asking price

Real Estate: Real estate was appraised 2017 for $200K

Building SF: 2000

Employees: 15

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Phone:251-424-3517

Facilities: This turn-key restaurant is centrally located in a high-traffic area, which contributes to excellent advertising. The real estate is included and positioned on a major north/south highway with residential neighborhoods nearby. There is ample parking. The

Support & Training: 2 Weeks

Reason for Selling: Retiring

Competition: Only fried Chicken restaurant in town