MergerPlace

Profitable Johnson County BBQ

Kansas (Johnson)


  • Asking Price: $416,883
  • Gross Income: $754,756
  • Cash Flow: $144,282
  • Real Estate: Not Disclosed
  • Inventory: $8,741
  • FF&E: $78,000
  • Listing ID: #204201
  • Established: 1989
  • Employees: 4 FT / 6 PT

Business Description

The business has operated from its current location for 25+ years. High traffic counts, dense population and walking distance to many professional office buildings make this a great location. The seller owns the Real Estate and will either sell or lease. Most of the revenue is generated by walk-in traffic that dines at the restaurant or carries out. A growth area is expanding the catering which is very profitable and a great way to expose the product.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Kansas
County: Johnson

Company Information

Year Established: 1989
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT / 6 PT

Financial Information

Asking Price: $416,883
Gross Revenue: $754,756
Cash Flow: $144,282
FF&E: $78,000
Inventory: $8,741
Seller Financing Available: No

Property Information

Facilities:

Many recent upgrades have been made to the facility including electrical and plumbing updates, new roof, parking lot resurfaced, interior exterior LED lighting, 10-ton addition to HVAC, new furniture in customer dining area and more. Buyer has the option to purchase Real Estate for $380,000. A typical Real Estate purchase scenario and bank loan - 10% down, 20-year loan, 6% interest produces a monthly loan payment similar to the $2,500 rent expense. Investing in the Real Estate versus renting would be a great opportunity for the new owner to build equity.

Growth & expansion opportunities:

New blood is needed. A very solid core business is established. New energy and ideas will stimulate the operation for additional growth.

Competition:

This business has a long history of successful performance which the financials support.

Reason for selling:

Other business interests.

Support & Training:

Will train for 4 weeks @ no cost The new owner will receive proprietary recipes and full training on systems and procedures. It is very important to the seller that a new owner succeed.

Contact Business Seller

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Business Listed By:

Chris Kerth

Murphy Business Brokers