**REDUCED** High-Success, Family-Owned Restaurant/Catering Business

Huntsville, AL (Madison County)

**REDUCED** High-Success, Family-Owned Restaurant/Catering Business

Asking Price:$450,000

Cash Flow:$110,581

Gross Revenue:$493,112

EBITDA:N/A

FF&E:$110,706

Inventory:$5,000

Real Estate:$750,000*

Established:1996

*not included in asking price.

**REDUCED** High-Success, Family-Owned Restaurant/Catering Business

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Business Description

This full-service, cafeteria-style restaurant, located 40 miles outside Huntsville, 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. The restaurant's menu is updated daily and available to the public on their website. A customizable catering menu is also available online.

The restaurant 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 an 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.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
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.
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.
Growth & Expansion:
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.
Financing:
n/a
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.
Reason for Selling:
Retirement

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GreenTree Acquisitions Inc.

Business Listed By:
GreenTree Acquisitions Inc.

GreenTree Acquisitions Inc.

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