***REDUCED*** High-Success, Family-Owned Restaraunt and Catering Business
***REDUCED*** High-Success, Family-Owned Restaraunt and Catering Business
  • Listing Number:
    10001
  • Listing categories:
    Restaurant
  • City:
    Huntsville Area
  • State:
    Alabama
  • Zip Code:
    35673
  • Asking Price:
    $450,000.00
  • Gross Revenue:
    $493,112.00
  • SDE / Cash Flow:
    $110,581.00
  • Business was established:
    1996
  • Number of Employees:
    12
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Business Summary

Highly successful, cafeteria-style restaurant, located in Trinity, Alabama features delectable "down home" family-style fare, as well as expert catering. This popular eatery was established in 1996 and has been under present ownership since its inception. It has earned an excellent reputation over the past 5 years for its prompt and courteous service, savory food and drink, cheery and inviting atmosphere, friendly and helpful staff, clean surroundings, convenient hours and location, and competitive prices. This restaurant maintains an extensive base of satisfied clientele from all walks of life and of all ages, who appreciate the finest ingredients, expertly prepared.

Facilities / Terms of lease

The structure that houses this business is a well-maintained and fully functional 8,000 square foot building, well suited for its intended use with a banquet facility with seating for 300, including three large dining rooms that were recently remodeled and expanded, with ample parking, signage, and curb appeal. The kitchen features two convection ovens, three conventional ovens, three deep fryers, one natural gas grill, one walk-in freezer, one walk-in cooler, one reach-in refrigerator and freezer, and a conveyor-type dishwasher. The building has six full restrooms.

The 2-acre property is also for sale, separate from the business, and is estimated at $750,000.

Potential

There are many excellent avenues for growth, especially with increased advertising and marketing, as this restaurant has maintained much of its success over the years due to "word of mouth" accolades, alone.
The catering business is very expandable to increase top and bottom lines in profit.

Competition

The restaurant is the only cafeteria style restaurant in the area.
Name recognition, reputation, longevity, profitability, established patronage, growth capabilities, diversity, location, priced to sell... all of these attributes make this offering a sound venture for the fortunate party who acquires it.

Reason for Selling

The business owner is ready to retire and spend time with his loved ones.

Support/Training

The business owner is willing to stay on for an extended period of time to assist in any way during the transition. Key employees, that customers know and trust, are in place to provide continuity after business owner's departure. Staffing policies are clearly outlined in employment policy manual to ensure smooth transition.

Detail

A highly successful, well established restaurant of this caliber, 5 years in the making, and at this selling price does not come along every day!

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