Tuscaloosa Restaurant Opportunity Up For Grabs!

Terrific Opportunity in Downtown Tuscaloosa!

Location: Tuscaloosa, Alabama

Financial Information
Asking: $150,000
Gross: n/a
Cash Flow: n/a
Inventory: n/a
Furniture, Fixtures & Equipment:
$100,000 (included in price)

Summary Description
Terrific Opportunity in Downtown Tuscaloosa! Grab it up while the opportunity is here! Should not last long! Owner is out of state and is looking to sell the assets of his restaurant. Locations on University Blvd -FF&E is approximately $100k- There were leasehold improvements of around $240,000. Getting in to run the same restaurant or change the concept at a minimal price.

General Information
Facilities: Located in a two-story building in downtown Tuscaloosa. Rent is approximately $2100 a month. Lease ends in 12/2021 with renewal options. Owner says leasehold improvements were around $240,000. Ready to go! NOTE- Not sure exact size of space. Appoximately 2000 sq ft but will need to be verified.
Competition: Other downtown restaurants.
Growth and Expansion: Plenty of growth potential.
Financing: Negotiable
Reason Selling: Out of state owner.