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Virginia Business For Sale

 

OUTSTANDING ROADSIDE BBQ RESTAURANT


Attn: Brett Shankle
'not disclosed', VA, USA
Listing Number: "VA-1726"
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Asking Price: $200,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: The current owner lives in Florida and can no long
Year Established: 2004
# of Employees: 2
Yearly Cash Flow: $100,000
Yearly Gross Income: $262,000



Business for Sale Overview:
Popular Roadside BBQ Restaurant – Strong Cash Flow Listing #VA-1726 Run a fast food restaurant the old fashion way with a Roadside BBQ Restaurant. Well-known and famous roadside BBQ restaurant - They have Great Virginia BBQ, slow smoked baby back ribs; pulled pork BBQ, beef BBQ, outrageous baked beans, homemade coleslaw and potato salad to die for! Their BBQ has been tried by folks all over the country and most agree their Virginia BBQ is Awesome. They landed 8th place in the National BBQ Battle for our Pulled Pork BBQ in Washington D.C., June 2007. When you are driving down the road, and smell the smoker with the BBQ, you have to stop and get some BBQ. They offer catering for any number of people and will deliver. The seller’s discretionary earnings are over $100,000 per year. Business is priced at 2 times cash flow. There is an additional portable structure business next to the restaurant that can be purchased with the BBQ restaurant. If you purchase both you will have a cash flow of over $300,000 per year. Gross Sales: $262,000 plus; Furniture, Fixture, Equipment and Leasehold Improvement (estimated): $100,200; Inventory: Not Included; Seller’s Discretionary Earnings: $100,000 plus; Asking Price: $200,000; Down Payment: $200,000; Business Established: 2004; Current Ownership: 4 years; Lease Expires: December 31, 2008; Lease Option: 2- 5 Year options; Current Rent: $3,000; Building Type: One Level Rambler; Parking: Surface; Employees: 2 Full Time; Business Hours: 7 days a week 11am - 8pm; Reason for Sale: The current owner lives in Florida and can no longer run the business.



Additional Details:
  • The property is leased.
  • The owner may be willing to train/assist the new owner.
  • The owner may be willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This may become a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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