Asking Price: $117,500 Gross Revenue: $450,000Cash Flow: $100,000EBITDA: $25,000Inventory: $3,000 included in asking priceFF&E: $50,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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!
(VERY MOTIVATED SELLER!)
About the Business
Number of Employees:
Building Sq. Ft.:
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
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.
Owner planning to pursue other personal interests and VERY MOTIVATED to sell!.
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.
PRICE REDUCED Again for Successful BBQ Restaurant - Turnkey Business
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.