Two BBQ Restaurants in the Carolinas

South East

VEN1558
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $1,430,000

EBITDA: $208,000

FF&E: N/A

Inventory: N/A

Established: N/A

Two BBQ Restaurants in the Carolinas

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Business Description

A full-service, dual-location restaurant and bar that specializes in barbecue and southern comfort food.

Key aspects
•Presence spans a decade
•Well-run operation and strong branding drives new and existing diners
•Recently established second location was profitable in its first year
•Recognized for quality and consistency of the recipes
•Brand is positioned to meet new demand for chef-driven barbecue/ casual food sector (i.e. menu refinement, mobile cooking applications)

Opportunities
•?Increase volume of catering sales
•Continue to open additional locations
•Option to franchise the business concept
•Package and retail sauces, rubs, and spices

Headquartered
•Two locations in the Carolinas

Current markets
•Mainly local

Potential market
•National

Real estate
•The company operates from two locations. The 2,800 sq. ft. flagship location is affiliate-owned. The second location is 2,700 sq. ft. and is leased from an unrelated third party. The owners will entertain selling the real estate or entering a long-term lease.

Shareholder/owner objectives
•The owners are open to a full or partial exit for lifestyle reasons. The active owner is open to a consultant role and is also available for a transition period. Upon exiting the business, the owners plan to devote more time to their young family. The couple is open to starting a new restaurant concept in the future.

Attached Documents


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Dara Shareef

Business Listed By:
Dara Shareef

Benchmark International

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Sponsoring Broker:
Emily Cogley

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