A BBQ Restaurant Mini-Chain worth investing in, with two locations, one of which the property is included. Voted best in Gwinnett County and spotlighted on "Atlanta Eats"!
Owner Benefits for first nine months of 2021 is +$250,000 without amortization or depreciation added back. That's an increase of 100% owner benefits over 2020 and it's not even a full year. When you consider the price of $689,000 and include the property on one location, this purchase is a no-brainer,
Customer service is the #1 priority and these BBQ Restaurants for Sale
strive to deliver delicious, slow smoked, Hickory BBQ. Focused on the local communities by creating a relaxed, family friendly atmosphere and always insure the finest "pit-to-plate" experience. This is an award winning concept with no major competition excerpt possibly chain BBQ. Having fresh daily, delicious BBQ is a competitive advantage.
Restaurant # 1 is a 3600 square foot freestanding restaurant situated on 2.2 acres with plenty of space for parking and hosting outside events such as cook-offs, fundraisers and concerts. Inside seating is 68, but think about the outside dining possibilities! You would own the property and your monthly "rent" (currently $4000) would go to building equity! The fully equipped commercial kitchen has it all. You get three Old Hickory Smokers, one EC and two EL-EDX smokers, one of which is a trailer unit with two portable propane gas tanks, making off-site catering and BBQ competitions a definite possibility. Currently this location sells only soft drinks and beer, but a full service pouring license would certainly add to the bottom line. In addition, the restaurant is not open on Sundays and Mondays, which again would push up revenues which as of September 30th were $953,350.81.
Restaurant #2 is a 4200 square foot space with a large elevated outdoor deck overlooking the busiest intersection of one of the fastest growing towns in Gwinnett County, Georgia.. Like it's sister location, it is known for it's wonderful daily made fresh food, courteous and efficient service. There is a great opportunity to increase traffic and profit by adding a bar area to accommodate more customers, especially later in the evening. There is enough space to even add a little entertainment if you so choose. Right now there is seating for approximately 100 seats inside with an additional 42 out on the deck, and you know how important outside dining is now! AND...if that isn't enough, a logo'd shrink wrapped catering van is also included in the sales price for opportunities regarding off-site catering. Revenue for this year, as of September 30, 2021 is $848,845.83.
Total revenue income from both stores is $1,802,196.64 for first nine months of 2021.
This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval.
The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios.
The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise.
The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.
Please click on the tab below to easily acknowledge confidentiality on this BBQ restaurant for sale, part of 2 location deal.. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker John "JK" Kenny at (770)598-1695.
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