World-famous eastern NC BBQ restaurant with almost 50 year history

Goldsboro, NC (Wayne County)

World-famous eastern NC BBQ restaurant with almost 50 year history
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Asking Price: $899,000

Cash Flow: N/A

Gross Revenue: $1,800,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $500,000

Established: N/A

World-famous eastern NC BBQ restaurant with almost 50 year history

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Business Description

You know this restaurant. Everyone knows this restaurant. Locals are part of the family, and have been for almost 50 years. Anyone who travels in Eastern NC will tell you they stop to eat here every time they are passing through (both ways). This is a chance to own a part of North Carolina BBQ history. Everything currently being used in the operation is for sale, including the real estate on which it sits. It is time for the owner to pass the torch to a new owner so they can make their own history for the next 50 years.

Detailed Information

Location:
Goldsboro, NC
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
12
Facilities:
Full service BBQ restaurant, with pigs being cooked on site. Plenty of room for private meetings and groups.
Competition:
There are lots of BBQ restaurants to choose from, but one that has been around as long as this one demands respect. Loyal customers for decades continue to eat here.
Growth & Expansion:
Growth in the area will provide an even bigger population of new customers to add to the loyal long-timers.
Support & Training:
Owner will provide training/transition services.
Reason for Selling:
Retiring
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Contact the Seller

(from currently available funds)
 
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Todd Jackson, JD/MBA

Business Listed By:
Todd Jackson, JD/MBA

Beacon Business Advisors, Inc.

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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. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. 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.

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