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Unique Steak & Seafood Restaurant, Bar, Event Venue For Sale

Alabama
Asking Price:
$210,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,088,000 (USD)
Cash Flow:
Available on request

Don't miss out on this rare opportunity to purchase a high-end Cajun seafood and steak restaurant in Blount County. The food selection is tremendous. It has a 4.6 rating on Facebook with over 600 reviews and 8,000+ followers. Most of the recipes come from the two owners. One owner is the kitchen manager and would like to stay on after it's purchased.

The open floor plan of this completely renovated 100+ year old building is a must see. The restaurant bar features glass roll-up doors that open to the patio offering a real open air feel most of the year. All the kitchen furniture, fixtures and equipment were purchased new in 2017. The restaurant has a separate room that serves as a bar and venue for live entertainment on the weekends. The room can also be used for rehearsal dinners, class reunions and other private parties.

The city is great to work with and is willing to close the street for outdoor events. Wallace State has just completed a 1200+ student satellite campus one block away. They will be holding a few classes in the building this summer and will be fully attended for the fall of 2019. Interested? Please call Tre Morton ------------ or email -------@--------------.---

Property information

Real Estate:

Lease

Premises Details:

ON REQUEST

Size in square feet:
7,500 sq ft

Business Operation

Expansion Potential:

Plenty. Not currently open for lunches. Growth of the new Wallace State campus.

Reasons for selling:

Multiple Businesses

Trading hours:

Days: Tuesday-Saturday

Employees:
Full Time: 10
Years established:
2

Other Information

Support & training:

Owner will entertain a reasonable transition period. Also, one owner would like to stay on as the kitchen Manager.

Financing available:

Downpayment Required: ON REQUEST
Monthly Payroll: ON REQUEST
Financing is Available

Furniture / Fixtures value:
$268,000 (USD) - included in the asking price
Inventory / Stock value:
$20,000 (USD) - included in the asking price

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