NC BBQ Restaurant

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Asking Price:
$200,000

Gross Revenue:
$248,482
Cash Flow:
$132,363
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,500
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$450,000
not included in asking price

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Business Description

The current owners have established a go to mainstay in the greater Charlotte market when this restaurant was started in 1997. Authentic NC BBQ restaurants develop their own unique character. The restaurant currently serves pork BBQ cooked in the NC style of slow at low temperature and offer a variety of their own Eastern NC and Western NC sauces. Their menu includes fried chicken, burgers, salads, Brunswick Stew, traditional side items, and dessert. In addition to the restaurant, the business has developed and offers a high volume catering service. Over the years they have fostered a large loyal following in the business community, churches, schools and other large entities that brings them back on a continual basis to cater their events. Their reputation through great service and word of mouth has made the restaurant and catering business very popular in the community. Expansion opportunities are bona fide and significant. Real Estate is available to be purchased separately.

About the Business

Year Established:
1997
Number of Employees:
5
Real Estate:
Owned
Facilities:
The restaurant consists of the main walk in order and dining area and kitchen with a separate smokehouse and storage area. It is close to the I-85 Interstate with plenty of parking. The owners own the property and desire sale of the property as part of the transaction
Market Outlook/
Competition:
As in most markets this size, competition is strong while demand remains high. This company has continued to grow each year through a high percentage of loyal repeat restaurant and catering customers while continuing to attract new customers and catering opportunities.
Growth & Expansion:
Huge opportunity for expansion of sales through increased store hours and in store dining.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Owners will work with buyers on a mutually agreeable transition timeline.

Listing Info

ID:
1428754
Ad Detail Views:
1149

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Business Listed by

Adam Petricoff

VR Business Brokers Charlotte

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U.S. Census Data for Gaston County, NC
Age

Gender

Ethnicity

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

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

U.S. Community Survey Data for Gaston County, NC
Income

Education

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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