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.
