MergerPlace

Barbecue Restaurant Established 70 years

Florida (Lake)


  • Asking Price: $890,000
  • Gross Income: $788,065
  • Cash Flow: $163,475
  • Real Estate: $525,000
  • Inventory: $15,000
  • FF&E: $80,000
  • Listing ID: #213490
  • Established: 1948
  • Employees: 5FT/9PT/1MGR

Business Description

This Central Florida BBQ restaurant is an icon, having operated continuously for nearly 70 years. A short 30 minutes from downtown Orlando and only 25 miles from the Disney parks. The restaurant has a loyal following of customers as well as very stable staffing. After 20 successful years the sellers are retiring. Step in and enjoy the success they have built. Price includes the restaurant building as well as a second building that could be used as an office, residence or re-purposed to expand the restaurant operation. Closed Sundays. Great business for an E-2 or EB-5. Please refer to listing #2301915535 and ask for Paul Ihrig when inquiring. Thank You!


Business Details

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

Company Information

Year Established: 1948
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5FT/9PT/1MGR

Financial Information

Asking Price: $890,000
Gross Revenue: $788,065
Cash Flow: $163,475
FF&E: $80,000
Inventory: $15,000
Real Estate: $525,000
Seller Financing Available: No

Property Information

Facilities:

Square Footage: 4833 Building Type: free-standing

Reason for selling:

Retirement

Support & Training:

Two weeks of training 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:

Paul Ihrig

Transworld Business Brokers of Central Florida