BBQ Restaurant For Sale

Clay County, FL

BBQ Restaurant For Sale

Asking Price:$210,000

Cash Flow:$140,000

Gross Revenue:$1,100,000

EBITDA:N/A

FF&E:$50,000

Inventory:$6,000

Established:2012

BBQ Restaurant For Sale

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Business Description

Franchise bbq restaurant

Profitable restaurant with great view of the st johns river. Solid repeat customer base with a fully trained staff in place. Location was established in Oct 2012 and has continually done well since opening. Owner of this location has been involved with the franchise for 11 years and is looking to relocate. This is Not a distressed business sale. If your looking for a business with recognizable health to it and solid records, this is the one to check. Sales tax filings as well as tax returns can be made available.

Detailed Information

Inventory:
Included in asking price
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
current lease has 6 years remaining with 2 (5year) renewal options in place. Lease makes up 4.7% of annual revenue, and is very low for the sales generated, all furniture fixtures and equipment will be included in sale, as well as 6,000 in inventory at time of sale.
Competition:
Closest competitor is over 9 miles away
Financing:
This business will qualify for an SBA assisted loan, no owner financing
Support & Training:
This is a Franchise and training will be provided by the franchisor prior to your being able to operate the store. Current owner will stay on for up to 2 weeks to assist in a smooth transistion.
Reason for Selling:
Relocating
Franchise:
This business is an established franchise

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Business Listed By:
Jeffery Blackburn

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