Restaurant/Bar in the Hottest Entertainment District For Sale

Location: Birmingham, Alabama (Jefferson County)

Financial Information
Asking: $499,000
Gross: $1,640,000
Inventory: $15,000 (not included)
Furniture, Fixtures & Equipment:
$1,000,000 (included)

Business Description:
Spectacular restaurant/bar multi use facility. Owners spent close to $1,500,000 to open in 2015. The Facility is in almost new condition. Over $400,000 depreciation remaining.
Easily converted or retro fitted for any concept. Owners continue to improve the facility and add to it. Beautiful patio for the upcoming Spring. Owners are rolling out multiple units of another concept and do not have the time to devote to this facility. This one will not last long. Contact us today for a showing.

Facilities: Facilities are like brand new. 4,300 SF leased. Leased Rate is $8,802/month with expiration 5/31/2025. FF&E included in asking price.
Competition: Restaurant is located in the Hottest Entertainment District.
Reason Selling: Owners have another restaurant concept they are expanding
Year Established: 2015
Employees: 30