Barbecue Restaurant

Location: United States -> Utah
Industry: Food and Beverage > Other Food and Beverage

Businesses for sale Summary

This barbecue franchise for sale, opened in 2007, has a great reputation and award-winning food. The seller owns another franchise and, because of the distance between the two, has opted to sell one. This restaurant is averaging over $50,000 per month in only its second year of operation and catering is a growing piece of the business. Expansion opportunities also exist for more locations in this market. This is a very attractive opportunity for the right person to leverage the restaurant?s successful start and take it to the next level. Asking price is $515,000 and seller financing is available for a qualified buyer.

Financials

Asking Price Range:  $500K – $1.0M
Gross Revenues:   $672,054
Cash Flow:   $118,400
Cash Flow Type:  EBITDA
Inventory:  $396,129
Seller Financing:  Yes

About The Business

Year Established:  2007
Number of Employees:  10 – 19
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  As required per franchisor.
Reason For Selling:  Concentrate on other restaurant.