*UPDATED PRICING * Established Fast-Casual BBQ Restaurant

Contact Seller
Franchise BBQ Restaurant in High Traffic Area and Growth Potential
Asking Price:
$239,000

Gross Revenue:
$733,786
Cash Flow:
$62,552
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$13,779
included in asking price

FF&E:
$123,364
included in asking price

Share this business:

Business Description

SELLER FINANCING $189,000. Southern charm designed brick and mortar build-out with thirty-three inside seats and four patio seats. Located in a shopping center on a main highway in an upper class neighborhood of Loudoun County. Direct visibility from main entrance with increased visibility from strategic placement of logo wrapped catering van.

About the Business

Year Established:
2017
Number of Employees:
15
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,610
Lease Rate/Sq. Ft./Mo.:
$6,500.00
Lease Expiration:
12/1/2027
Facilities:
High-quality, automated smoking equipment that allows for meat to cook safely and efficiently at low heat. The kitchen assets are typical for operating a barbecue restaurant. The restaurant is furnished in a welcoming ‘Texan, southern-charm’ style with the theme carried throughout the restaurant. Everything is in excellent shape due to operations starting in December 2017. The catering van is logo wrapped and in good working condition. Parking is ample and easily accessed. The lease for this prime space is for 10 years, renewable for 10 more.
Market Outlook/
Competition:
This restaurant is located in a prime restaurant area of an upper-middle class neighborhood. The restaurant front is adjacent to a main highway and clearly visible upon entering the shopping center. There are many restaurant options in the area which attracts diners. This is the only barbecue restaurant in the area specializing in fast-casual southern style barbecue. Franchise has a non-compete for a five mile radius for three years.
Growth & Expansion:
Great client base developed since the opening in December 2017 including loyal regulars. Growth trend can continue by utilizing existing marketing efforts and maximizing the catering potential available.
Contact the Seller

About the Sale

Reason For Selling:
Family issues.
Training/Support:
Four weeks of training will be provided at no cost. Additional training and support from franchise is available.
Seller Financing:
$189,000

Listing Info

ID:
1540282
Ad Detail Views:
707

Contact the Seller
months
Please confirm you're not a robot
Contact the Seller
Business Listed by

Fred Walker

Murphy Business & Financial VA

 Show Phone Number

View My Active Listings
U.S. Census Data for Loudoun County, VA
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 Loudoun County, VA
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.


Similar Listings


Report an Issue 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.
;