Barbecue Restaurant Established 70 years!

Contact Seller
Barbecue Restaurant Established 70 years
Asking Price:
$875,000

Gross Revenue:
$767,192
Cash Flow:
$139,350
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$15,000
included in asking price

FF&E:
$80,000
included in asking price

Real Estate:
$525,000
included in asking price

Share this business:

Business Description

Price Drop!! This Central Florida BBQ restaurant is an icon, having operated continuously for nearly 70 years. A short 30 minutes from downtown Orlando and only 25 miles from the Disney parks. The restaurant has a loyal following of customers as well as very stable staffing. After 20 successful years the sellers are retiring. Step in and enjoy the success they have built. Price includes the restaurant building as well as a second building that could be used as an office, residence or re-purposed to expand the restaurant operation. Closed Sundays. Great business for an E-2 or EB-5 and pre-qualified for financing by multiple lenders! Please refer to listing #2301915535 and ask for Paul Ihrig when inquiring. Thank You!

About the Business

Location:
Lake County, Florida
Year Established:
1948
Number of Employees:
5FT/9PT/1MGR
Real Estate:
Owned
Facilities:
Square Footage: 4833
Building Type: free-standing
Contact the Seller

About the Sale

Reason For Selling:
Retirement
Training/Support:
Two weeks of training at no cost
Seller Financing:
SBA Financing Available -Amt: $ 735,000 -Mos: 300 -Rate: 7.95 -Mo Pmt: $5,648.53

Listing Info

ID:
1624991
Ad Detail Views:
0

Contact the Seller
$
months
Please confirm you're not a robot
Contact the Seller
Business Listed by

Paul Ihrig, CBI

Transworld Business Brokers of Central Florida
License# SL3356895

 Show Phone Number

View My Active Listings
Sponsoring Broker:

Transworld Business Brokers CEO, Andrew Cagnetta
Transworld Business Brokers of Central Florida
License# 3197608


Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.