Local Staple Barbecue Restaurant and Catering with Real Estate

Asking Price$1,500,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$933,896

Inventory$10,000
Included in asking price
FF&E$199,500
Included in asking price
Real Estate$500,000
Not included in asking price
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Local Staple Barbecue Restaurant and Catering with Real Estate


Asking Price$1,500,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$933,896

Inventory$10,000
Included in asking price
FF&E$199,500
Included in asking price
Real Estate$500,000
Not included in asking price

Seller Financing Available
Business Description
Step into immediate ownership of a profitable barbecue restaurant that delivers both strong cash flow and exceptional growth potential. This established local favorite has generated consistent revenue and built an unshakeable customer base since the early nineties, positioning you to capture immediate returns while expanding into untapped market opportunities.

You'll gain complete control of a fully operational business that runs smoothly with existing systems, loyal customers, and proven demand. The current operating schedule creates an immediate opportunity to double or triple revenue simply by extending hours - giving you the power to scale at your own pace while maintaining work-life balance.

This opportunity solves the common challenge of high startup costs and operational uncertainty. You'll receive a complete smokehouse and kitchen equipment package worth significant value, eliminating the need for costly buildouts. The included real estate package featuring three structures on 1.44 acres provides both operational space and valuable asset appreciation potential.

The established catering division offers you a ready-made revenue stream that can be expanded with minimal additional investment. Local market loyalty means you'll start with guaranteed customer flow from day one, reducing the typical risks of restaurant ownership.

Seller financing availability removes traditional lending barriers, making this accessible even if conventional financing proves challenging. You'll step into a business model that has weathered economic cycles and maintained profitability for three decades.

This represents more than restaurant ownership - it's your pathway to community leadership, financial independence, and the satisfaction of continuing a beloved local tradition while building substantial personal wealth through both operational profits and real estate appreciation.
About the Business
Years in Operation
33
Employees
10 (9 Full-time, 1 Part-time)
Facilities & Assets
1.44 acres, commercial-zoned
1-story conversion (originally single-family residential), built 1957; effective year built 1995 (renovated); 1,808 sq. ft. heated
768 sq. ft.; carried on the county card as a generic “garage” (OB/XF value $10,076) but functions as a purpose-built, vented smokehouse housing the primary cooking equipment — see Section 6 for revised valuation
Covered porch (136 sf), unfinished lean-to/porch (384 sf), basement/utility area (1,200 sf), second garage, paved parking (~12,275 sf asphalt)
Fiber-cement exterior, drywall interior, sheet vinyl & ceramic tile flooring, electric heat pump with central air
$224,700 (Land $31,700 + Depreciated Building $167,000 + Outbuildings/Paving $25,991)
$111,500 (July 2011); $69,000 (May 2002)
Market Outlook / Competition
The Company is located in Catawba County, North Carolina, within the broader Hickory–Lenoir–Morganton metropolitan area. Nationally, single-unit, owner-operated restaurants remain one of the most actively traded categories of small business, with buyer demand driven primarily by individual and SBA-financed acquirers replacing owner labor who typically focus on manager-run platforms. Industry-wide restaurant sales are projected to continue growing in 2026, and reported first-year failure rates for new restaurant openings remain low relative to historical norms — a favorable backdrop for an established, cash-flowing independent operator.
Opportunities for Growth
The following represent illustrative opportunities for a new owner to evaluate — they are not fully reflected in the historical financials above and should not be assumed as guaranteed outcomes:
● Extend days of operation: Simply opening on Sunday would generate a massive increase in revenue, and increasing opening days would increase sales as well.
● Catering formalization: documenting the represented $120,000/year catering income into invoiced, trackable revenue would strengthen the buyer/lender case and may reveal room to grow this channel further with a dedicated program.
● Retail/packaged sauce line: the brand and recipes could support a retail bottled-sauce or rub product for in-store and off-site sale.
● Online ordering & delivery: expanding third-party or direct online ordering to capture incremental off-premises demand.
● Outdoor/event space: the existing covered porch and paved lot may support expanded outdoor seating or on-site events.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
1,808
About the Sale
Seller Motivation
Retirement
Transition Support
seller training and assistance in transition as needed
Financing Options
seller financing available for qualified buyers
Listing Info
ID
2555018
Listing Views
7

Listing ID: 2555018 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 of Use. Learn how to avoid scams.


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