Profitable Michigan Barbecue Restaurant – with Real Estate!

Mason County, MI

Seller Financing Available
Profitable Michigan Barbecue Restaurant – with Real Estate!
Contact Seller

Asking Price: $160,000

Cash Flow: $71,200

Gross Revenue: $617,500

EBITDA: $59,300

FF&E: $96,000

Inventory: N/A

Real Estate: $350,000*

Established: 2013

*not included in asking price.

Profitable Michigan Barbecue Restaurant – with Real Estate!

Save Print Share Valuation Report

Business Description

Since its founding in 2013, the Profitable Barbecue Restaurant has been offering customers a menu full of Texas-style slow-smoked barbeque. The Company is turnkey with a manager in place that handles the Restaurant’s daily operations. The current owner is not involved with the Restaurant other than high-level oversight. The BBQ Restaurant has several revenue streams and a large online following that make it a great acquisition opportunity.
All of the equipment was purchased new when the Company was founded a few years ago. The 3,300 sq. ft. building is owned by a related entity and is available for sale or lease.
The owner is seeking to transition the Company to new ownership so that he has more time to focus on other business interests. He is willing to provide assistance to a new owner through a reasonable transition period.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.
You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email info@smallbusinessdeal.com and request a PDF version.
Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. The owner’s contact information will be provided in the CBR. They will be happy to correspond and answer your questions directly. Thank you for your time!

Detailed Information

Real Estate:
Owned
Not included in asking price
Building SF:
3,300
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Owned 3,300 sq. ft. facility available for sale with the business.
Competition:
Investment Highlights Include: (1) Several Revenue Streams: The Company is able to generate revenue from several different lines of business to create stable operating conditions not available to typical restaurants. (2) Absentee Owner: The Restaurant has a manager in place who handles day-to-day operations allowing for flexible management. This also creates an opportunity for business improvement through increased involvement with new ownership. (3) Well-Established Support Network: The Restaurant has a supportive network that provides useful guidance in managing the Company. (4) Great Reviews: The Restaurant is well-followed online and receives great reviews for its friendly staff and delicious food.
Growth & Expansion:
(1) Add Alcoholic Beverages (2) Invest in Drive-Through Addition
Financing:
Limited seller-financing available for qualified buyers.
Support & Training:
Ownership willing to provide reasonable and customary transition assistance.
Reason for Selling:
Other business interests
Business Website:
http://bit.ly/2HFCnfd
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Matthew Baas

Business Listed By:
Small Business Deal Advisors

Small Business Deal Advisors, LLC

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1596821 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings