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Huntsville, AL Submarket

  • Listing Number: 133-21152

  • Category: Food - Restaurant

Asking Price $399,000
Down Payment
Gross Revenue $730,153
Total Adjusted Net Income
Equipment / Fixtures $350,000
Year Established 2019
General Location Huntsville, AL Submarket
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High-end restaurant with top of the line equipment, beautiful build out, and prime location.  The sellers spared no expense in building out and equipping this restaurant, but must move out of state for personal reasons, so they have priced the business to sell quickly.  Room to seat approximately 130 people. The equipment and build cost was well over $1 million, so this is truly an amazing opportunity to get into a modern and fully functional space for a fraction of the cost of starting from scratch.  Please call or email today for more information.

Gross Revenue $730,153 Listed Price $399,000
Total Income Down Payment
Base Rent Square Feet 3040
Total Rent $6,328 Lease Expiration 01/2024
Rent Deposit Lease Options 2 - 5 year
Inventory Not Included Leasehold Improvements $650,000
Equipment / Fixtures $350,000 Other Assets
Full-Time Employees Training Period Negotiable
Part-Time Employees Special License Required Yes
Contract Staff Reason for Selling Moving out of state

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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