2018 Appraisal at $1.5M! Standalone Church's Chicken in Birmingham

Birmingham, AL (Jefferson County)

2018 Appraisal at $1.5M! Standalone Church's Chicken in Birmingham
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Asking Price: $1,099,000

Cash Flow: $230,000

Gross Revenue: $870,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

2018 Appraisal at $1.5M! Standalone Church's Chicken in Birmingham

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Business Description

2018 Appraisal at $1.5M! Standalone Church's Chicken in Birmingham

Appraisal was done in 2018 that valued the property and business of a going concern at $1,500,000! Sellers are only asking $1,099,000 because of serious medical problems and their wish to retire to their home country! Just bring 20% to the table or $200,000 to make the deal work!

Sellers are absentee owners, therefore their labor cost is about $165,000. An owner-operator could reduce that cost substantially!

Located off a major Highway near the Interstate!

2016 Gross Revenue: $815,000.
Net Profit: $200,000.
?
2017 Gross Revenue: $860,000.
Net Profit: $240,000.

2018 Gross Revenue: $870,000.
Net Profit: $230,000.

Asking Price for Property is available at $1,099,000. Appraisal at $1,500,000!

If interested, please email info@riverbrokers.com with your full name and best contact number to reach you.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Facilities:
Located off a major Highway near the Interstate! Appraisal was done in 2018 that valued the property and business of a going concern at $1,500,000!
Growth & Expansion:
Sellers are absentee owners, therefore their labor cost is about $165,000. An owner-operator could reduce that cost substantially!
Support & Training:
Seller is willing to provide training!
Reason for Selling:
Seller has serious medical problems and wish to retire
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Kavita Purohit

Business Listed By:
Kavita Purohit

River Brokers Real Estate

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