Award Winning BBQ Grill Restaurant & Catering Company

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Asking Price:
$189,000

Gross Revenue:
$820,000
Cash Flow:
$124,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

NEW ASKING PRICE $189K!
Attention Grill Masters! We are pleased to offer this Profitable BBQ/Grill Restaurant with Catering for a really great price!
The sale includes this Award-Winning Restaurant’s secret recipes, but there is room to grow the brand with your own take on great BBQ too. This destination restaurant has a long-established reputation and a loyal following of customers that come from both the surrounding neighborhood but also some from far outside the area. The sale includes a customer list with over 9000 fans! In addition to the BBQ restaurant, off site Event and Party Catering are also a strong segment of the business which offers opportunity to cook BBQ or other types of menus for weddings and corporate events.
The business has a history of being profitable, so we think a Buyer with restaurant experience and good credit could qualify for an SBA loan with as little as 25% down.
The space is approx 1176sf in a Freestanding Building on a nice corner lot facing a busy street. The restaurant has seating for about 30 inside plus another 30 in the enclosed patio. The Full kitchen has a 10 foot hood and ansul, two large capacity Smokers, Walk-In Refrigerator, 8ft Portable Grill, and Catering Equipment including two Logo Delivery Vans. Proposed Rent is $3,500/mo but Lease Terms are negotiable, and the Buyer will have a First Right of Refusal or Option to purchase the Property in the future.
The restaurant does good sales and there is a trained front and back of house staff in place including some management. The long time owners are ready to retire. The sale includes 2 weeks training at 40hr/wk to learn the recipes and transfer the business.

Interested? Please complete the Confidentiality Agreement/NDA form to get started.
Once we receive your Confidentiality Agreement, we will send you information with the address and other details.

This is a Confidential Listing so please Do Not Disturb the business. Tours are by appointment only.

We look forward to talking with you about this exciting opportunity!

About the Business

Location:
Sacramento, California
Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
1,176
Rent:
$2.98 Per Month
Facilities:
The space is approx 1176sf in a Freestanding Building on a nice corner lot facing a busy street. Proposed Rent is $3,500/mo but Lease Terms are negotiable, and the Buyer will have a First Right of Refusal or Option to purchase the Property in the future.
Market Outlook/
Competition:
Off site Event and Party Catering are also a strong segment of the business. Sale includes two logo Delivery Van and all the Catering equipment needed for big events.
Contact the Seller

About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller is offering 2 weeks at 40hr/wk Training and Transition time

Listing Info

ID:
1530196
Ad Detail Views:
370

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Business Listed by

Tricia Bernhardt

Restaurant eXchange
License# 01168790

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