Successful BBQ Restaurant - Turnkey Business

Lexington, VA (Lexington City County)

Seller Financing Available
Successful BBQ Restaurant - Turnkey Business
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Asking Price: Get Financing: $139,000

Cash Flow: $100,000

Gross Revenue: $450,000

EBITDA: $25,000

FF&E: $50,000

Inventory: $3,000

Lease Rate: $1,800 /Month

Established: 2011

Successful BBQ Restaurant - Turnkey Business

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Business Description

Here's Your Chance To Acquire a Great Business in Lexington, VA!

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!

Attached Documents

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
12/31/2018
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
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
Competition:
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.
Support & Training:
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.
Reason for Selling:
Owner planning to pursue other personal interests.
Business Website:
http://foothillmommasbbq.com
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(from currently available funds)
 
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Donn Meyerhoeffer

Business Listed By:
Donn Meyerhoeffer

Cottonwood Commercial

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