Alabama Restaurant for Sale w/ Real Estate Included

FOR SALE – OPPORTUNITY KNOCKS! $879,000 Every now and then we see opportunities that could be a home run for the right Buyer. We believe that this is such a listing. The owner is retiring after fourteen years. Buy the real estate, basically at market value, and get an operating restaurant. A locally owned family restaurant in a 3,600 square feet standalone building with an acre of land and eighty plus parking places with Owner’s estimate of $100,000+ of Furniture, Fixtures, and Equipment. The restaurant for sale in Alabama currently serves a buffet lunch only open four hours a day six days a week. Thirty tables and seating for 110 guests (can be expanded to 150). The result is Sales of $750,000+ in 2024 with over $125,000+ adjusted EBITDA (SDE). There are two managers and twelve part time employees. What is the opportunity? Add Breakfast, add Dinner, and/or do catering, all of these are very doable with this well-rated business. Southern cooking at its finest as mentioned by Southern Living magazine. The locals and celebrities go to this favorite eatery, rich with an exciting history and background!