000 In Earnings For This Montgomery Alabama Restaurant For Sale!Montgomery, AL 36106
- Retail properties
- 1,647 SF
Property Details for 000 In Earnings For This Montgomery Alabama Restaurant For Sale!
- Year built
- 2017
- Property size (Sq ft)
- 1,647 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Montgomery, Alabama restaurant is a fantastic investment opportunity. Generating over $152,000 in adjusted earnings from over $1.2 million in sales in 2023, this established business boasts a strong track record. The 1,647 square foot space features 61 indoor and 38 outdoor seats, accommodating up to 99 diners. A fully equipped kitchen, including a fryer, six-burner stove, flat top, and extensive refrigeration, is included in the sale price. The current lease, at a favorable rate of under $4,000 per month, includes all CAMs and taxes and extends until February 2025. Located in a high-traffic area with ample parking and a median household income of $54,166, this restaurant benefits from a strong customer base and minimal competition. The business is a turnkey operation, ready for a new owner to step in and continue its success. Established in 2017, it currently employs 25 people. The sale includes a comprehensive inventory of equipment and furnishings, from kitchen appliances and tableware to bar supplies and a security system. SBA lending is available for qualified buyers. This is a rare chance to acquire a profitable, established restaurant in a prime location. Inventory is not included in the asking price of $380,000.
Location Insight
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Latitude
- 32.3513
- Longitude
- -86.2413
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].