MergerPlace

Busy Award Winning Barbeque Restaurant

Florida (Volusia)


  • Asking Price: $275,000
  • Gross Income: $885,113
  • Cash Flow: $98,250
  • Real Estate: $700,000
  • Inventory: $20,000
  • FF&E: $50,000
  • Listing ID: #211066
  • Established: 2007
  • Employees: 17

Business Description

This is your opportunity to own a smoking hot restaurant and venue specializing in award winning barbeque, steaks and seafood. This is not your ordinary, run of the mill barbeque place. The Seller has invested heavily in developing a beautiful outdoor area that is used for additional seating, meetings and events from weddings to corporate outings. A full-service catering department rounds out this tremendous opportunity, leaving a new owner with multiple areas to continue growing revenues.
Top of the line smokers and a trained kitchen staff allow for the barbeque to be made fresh daily; which is evident in the restaurant’s reviews and ratings. Patrons come from miles away to enjoy the atmosphere and award winning food.

Business is available for sale with the real estate for an additional cost. Some seller financing is available to a qualified buyer. This is a good opportunity for a visa buyer. Revenues are up for 2018 and listed figures are annualized based on 2018 YTD sales. For additional information contact Herb Stewartson at 941-524-1998. Broker is Florida Business Exchange, Inc.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Volusia

Company Information

Year Established: 2007
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 17

Financial Information

Asking Price: $275,000
Gross Revenue: $885,113
Cash Flow: $98,250
FF&E: $50,000
Inventory: $20,000
Real Estate: $700,000
Seller Financing Available: Yes

Property Information

Facilities:

Indoor seating for 50+, full liquor bar, covered outside seating area for 80+, unique outdoor open area for gatherings and events.

Growth & expansion opportunities:

The business currently has a growing catering business. This offers a huge growth potential to a new owner.

Competition:

Offering a significantly better product than similar restaurants in the market along with a greater menu variety.

Reason for selling:

Retirement

Support & Training:

14 days at no cost

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Herb Stewartson

Florida Business Exchange, Inc.