BIG PRICE REDUCTION! Turn Key Diner Near I-65 2989 Hwy 21 2,111 SF Retail Building Atmore, AL 36502 $280,000 ($132.64/SF)

NEW PRICE! SELLER'S RETIRING! Turn-Key Restaurant with High Visibility & Supported Following
Seize this rare opportunity to own a well-established, turn-key restaurant in one of Atmore’s busiest commercial corridors. Strategically located directly on Highway 21, this property offers unbeatable visibility with a steady flow of traffic from both locals and travelers. PLUS offers SBA HUBZone incentives!
Restaurant Highlights:
- In business since 1997: Established name with a loyal customer base.
- Seating capacity for 80 guests: Spacious dining area, perfect for regular service or, possibly, private events.
- Fully equipped kitchen: Includes a 6-burner gas stove, fryers, commercial refrigeration, prep stations, security system, and more (full inventory available in documents).
Most Recent upgrades :
- 2 New A/C Units
- New Cooler for food storage under counter
- Upgraded tables and chairs
- Upgraded plates
- 2023 New shed for storage
- Paved parking lot: Asphalt lot with two entrances for easy access.
- Currently operating Monday through Saturday for lunch and dinner, and Sunday for lunch: A rare offering in Atmore, where most sit-down restaurants are closed on Sundays.
Prime Location:
- 4 minutes from I-65 & Wind Creek Casino & Hotel: Atmore’s premier entertainment destination, drawing thousands of visitors year-round.
-4 minutes from the newly built Atmore Urgent Care
- 10 minutes to the Alabama-Florida state line: Expands the customer base to include out-of-state visitors.
- Heavy daily traffic: Highway 21 sees an average of 10,862 vehicles per day (a 3% increase since 2022), with additional traffic from Robinsonville Rd (1,911 vehicles) and Woods Rd (2,415 vehicles).
SBA HUBZone Advantage:
This property is located in an SBA HUBZone (Historically Underutilized Business Zone), a federal program designed to stimulate economic development and job growth in designated areas. HUBZone-certified businesses can receive federal contracting advantages, including set-aside contracts and a 10% price preference when bidding on federal projects. This designation enhances the potential for business owners looking to benefit from government incentives while operating in a high-traffic commercial location.
Why Atmore?
Atmore is experiencing significant economic growth, making this the perfect time to invest. The city has seen over $4.8 billion in investments since 2020, driving new business, job creation, and commercial revitalization. (source: (https://www.madeinalabama.com/2021/04/economic-development-report-card-shows-4-8-billion-in-2020-investment/)
Key developments include:
* Industrial Expansion– Three new speculative buildings have been developed in the 150-acre Atmore Industrial Park, with additional land acquired for business growth at the intersection of Highway 21 and I-65. The Atmore I-65 Business Park is also being marketed for retail and industrial development.
(source: https://www.atmorechamber.com/economy)
* Infrastructure Improvements– Federal and state funding has been secured for road enhancements and municipal airport renovations, further supporting business expansion and accessibility.
(source: https://www.atmorechamber.com/economy)
* Downtown Revitalization– Multi-million-dollar improvements, including the restoration of the historic Strand Theatre, Atmore Hardware Store, and enhancements to Atmore Heritage Park.
* Business Growth– 48+/- new businesses have opened in recent years, bringing a surge of commerce and foot traffic.
* PRF’s $29 million beef-processing facility– increasing the city’s workforce and economic strength.
Atmore is on the rise, and this restaurant is in the heart of it all. With its proven success, high-traffic location, and continued regional growth, this is an ideal opportunity for a new owner to step in and thrive.
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A confidentiality agreement must be signed to receive financial details. Please do not approach restaurant staff. All inquiries are to go through the appropriate channels.
Buyer is responsible to verify any and all details related to this property.