Busy Award Winning Barbeque Restaurant with Venue and Catering

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Growing Revenues and lots of room for growth
Asking Price:
$275,000

Gross Revenue:
$885,113
Cash Flow:
$98,250
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$20,000
not included in asking price

FF&E:
$50,000
included in asking price

Real Estate:
$700,000
not included in asking price

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Business Description

This is your opportunity to own a smoking hot restaurant and venue specializing in award winning barbeque, steaks and seafood. This is not your ordinary, run of the mill barbeque place. The Seller has invested heavily in developing a beautiful outdoor area that is used for additional seating, meetings and events from weddings to corporate outings. A full-service catering department rounds out this tremendous opportunity, leaving a new owner with multiple areas to continue growing revenues.
Top of the line smokers and a trained kitchen staff allow for the barbeque to be made fresh daily; which is evident in the restaurant’s reviews and ratings. Patrons come from miles away to enjoy the atmosphere and award winning food.

Business is available for sale with the real estate for an additional cost. Some seller financing is available to a qualified buyer. This is a good opportunity for a visa buyer. Revenues are up for 2018 and listed figures are annualized based on 2018 YTD sales. For additional information contact Herb Stewartson at 941-524-1998. Broker is Florida Business Exchange, Inc.

About the Business

Year Established:
2007
Number of Employees:
17
Real Estate:
Owned
Building Sq. Ft.:
2,500
Facilities:
Indoor seating for 50+, full liquor bar, covered outside seating area for 80+, unique outdoor open area for gatherings and events.
Market Outlook/
Competition:
Offering a significantly better product than similar restaurants in the market along with a greater menu variety.
Growth & Expansion:
The business currently has a growing catering business. This offers a huge growth potential to a new owner.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
14 days at no cost
Seller Financing:
Available to a qualified buyer

Listing Info

ID:
1572197
Ad Detail Views:
0

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Business Listed by

Herb Stewartson

Florida Business Exchange, Inc.
License# BK3140233

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Sponsoring Broker:

A. Bert Risdon, B.C.I.
Florida Business Exchange, Inc.
License# CQ1015635

U.S. Census Data for Volusia County, FL
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Volusia County, FL
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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