Successful BBQ Restaurant - Turnkey Business

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Asking Price:
$139,000

Gross Revenue:
$450,000
Cash Flow:
$100,000
EBITDA:
$25,000
Inventory:
$3,000
included in asking price

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

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Business Description

Tremendous opportunity to own an established turnkey BBQ Restaurant with good track record! (Why start up a restaurant from scratch when it's much safer to acquire one that's already successful?)
Clean, well-organized facility, with everything provided in the sale to the acquirer!
The up-to-date Point Of Sale system is directly linked to Quickbooks to easily track financial performance.
All interested parties should check out this opportunity because it may not last long!

About the Business

Year Established:
2011
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
1,600
Lease Amount/Mo.:
$1,800.00
Lease Expiration:
12/31/2018
Facilities:
Well appointed Restaurant with seating for up to 50 patrons, including available Bar Seating; Above average Kitchen Equipment and utensils; Outdoor setup for Smoking Meats; Also includes 12' x 8' wooden Storage Building; Ample customer parking
Website:
foothillmommasbbq.com
Market Outlook/
Competition:
Best BBQ in the area that is consistently rated HIGH on Review sites including Yelp, Facebook, TripAdvisor, Google, Bing, etc.
Growth & Expansion:
Bulk and Carryout very popular with locals and customers from VMI, W&L, and Southern Virginia University. Existing Digital Advertising platform directs potential customers from I-81 traffic right to the restaurant's location.
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About the Sale

Reason For Selling:
Owner planning to pursue other personal interests.
Training/Support:
Seller will assist in smooth transition by providing up to 4 shifts of Training with each key employee (Office Manager, Customer Service Manager, Head Chef, and Pit Master) as well as a "Kitchen Bible" with menu recipes and instructions.

Listing Info

ID:
1479108
Ad Detail Views:
499

Attached Files Attachment Disclaimer

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Business Listed by

Donn Meyerhoeffer

Cottonwood Commercial
License# 0225169243

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