Profitable and Turn-Key Barbecue Restaurant

Oakland County, MI

Profitable and Turn-Key Barbecue Restaurant
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Asking Price: Get Financing: $249,900

Cash Flow: $116,000

Gross Revenue: $742,100

EBITDA: $86,439

FF&E: $104,393

Inventory: $4,700

Lease Rate: $0 /SF/Month

Established: 2017

Profitable and Turn-Key Barbecue Restaurant

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Business Description

Since its founding in 2017, the Company has been offering customers a menu full of Texas-style slow- smoked barbeque. The Restaurant has several revenue streams and a large online following that make it a great acquisition opportunity. The Company is turn-key with managers in place who handle much of the Restaurant’s daily operations.

The Restaurant has been able to achieve substantial organic growth since being founded in early 2017. While young, the Company has a growing customer base that continues to revisit due to the Restaurant’s delicious menu options. The Company has significant room for growth as it continues to establish itself in the area.

The owner is seeking to transition the Company to new ownership due to health issues. He is willing to provide assistance to a new owner through a reasonable transition period.

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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.

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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

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,680
Lease Expiration:
N/A
Employees:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Company is located on a busy street near the center of a populated city, providing the Company with access to a significant portion of both the residential and commercial markets.
Competition:
Investment Highlights include: (1) Well-Established and Award-Winning Franchise: The Company belongs to a network of franchises that is well-established and known for their excellent quality of food and service. (2) Convenient Location for Organic Growth: The Company has yet to reach its full potential within its current geographic area, meaning it is primed for organic growth without significant investment needed from a new owner. (3) Six High-Value Revenue Streams: The Restaurant has six streams of revenue compared to two for the typical restaurant, providing it with a way to serve its customers through dine-in, take-out, catering, and more. (4) Limited Owner Involvement – Two managers run the day-to-day operations making it so that the present owner does not have to be involved more than general oversight on a part-time basis.
Growth & Expansion:
Growth Opportunities include: (1) Direct Delivery (2) Community Marketing (3) Menu Enhancements
Support & Training:
The owner is willing to provide assistance to a new owner through a reasonable transition period. Training will also be provided by the franchisor.
Reason for Selling:
Health Issues.
Franchise:
This business is an established franchise
Business Website:
http://bit.ly/2Ax4nhF
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Matthew Baas

Business Listed By:
Small Business Deal Advisors

Small Business Deal Advisors, LLC

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