World Class Restaurant Reduces Price $70,000

Huntsville, AL (Madison County)

World Class Restaurant Reduces Price $70,000
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Asking Price: Get Financing: $399,000

Cash Flow: $165,000

Gross Revenue: $928,690


FF&E: $180,000

Inventory: $10,000*

Lease Rate: $1.92 /SF/Month

Established: 2016

*not included in asking price.

World Class Restaurant Reduces Price $70,000

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Business Description

Local restaurant with Big City flair!

"Real Cash, Producing Restaurant" featuring Asian Cuisine and a cosmopolitan bar. Located in an upscale residential and commercial area of Madison County, Alabama. Discretionary Cash Flow has already reached $165,000 in only 9 months of operations.

The owners are excited to sell and are highly motivated. They must return to California due to other commitments.

Detailed Information

Not included in asking price
Real Estate:
Building SF:
Lease Expiration:
8FT, 10PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
3200 sq. ft. in an upscale strip mall.
A few other Japanese Restaurants, but none within 5 miles.
Growth & Expansion:
Continue on the path the owner has started because the location is still growing.
Support & Training:
4 weeks at 20 hours per week
Reason for Selling:
Must return to California due to other commitments
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Contact the Seller

(from currently available funds)
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Melinda Tsang

Business Listed By:
Melinda Tsang

Sunbelt Business Brokers of North Alabama

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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