MergerPlace

Big, Bold BBQ Restaurant

Florida (Flagler)


  • Asking Price: $125,000
  • Gross Income: $856,000
  • Cash Flow: $92,000
  • Real Estate: Not Disclosed
  • Inventory: $1,500
  • FF&E: $256,000
  • Listing ID: #218290
  • Established: 1998
  • Employees: 28

Business Description

BIG BOLD SOUTHERN BBQ! Located in upscale, laid back tourist and retirement destination in Northeast Florida. In business for over 21 years, this Restaurant has the market on BBQ in this area. Located off I-95, it pulls in customers from all over the world. Huge store with SRX FULL LIQUOR BAR. The bar is located away from the family and group area with two flat screens and plenty of sports excitement. The dining room is outfitted in western decor and newly refinished floors and upholstery. Very nice established Restaurant with a loyal following. Huge Catering business as well. The kitchen needs some updating and a new deep fryer. The hood is old but works perfectly and is inspected regularly. LONG TERM Waitstaff, with two key holders, and one long term that could be considered the Manager. 1 employee has been there for 15 years, 1 employee has been there for 7 Years. A core group of employees that need their jobs and want to stay on. Catering is 1,000.00 per week. Please refer to listing number 7101-118983 and advisor Julie Brigman when inquiring on this listing.


Business Details

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

Company Information

Year Established: 1998
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 28

Financial Information

Asking Price: $125,000
Gross Revenue: $856,000
Cash Flow: $92,000
FF&E: $256,000
Inventory: $1,500
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 8025 Square Footage: 5000 Building Type: Concrete Road Fr Terms & Options: 2- 5 year options Expiration Date: 11/24/2023

Reason for selling:

Ask

Support & Training:

Seller will train for 2 weeks at no cost

Contact Business Seller

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Business Listed By:

Julie Brigman

Transworld Business Brokers