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Business For Sale
BBQ RESTAURANT WITH ASSUMABLE SBA LOAN
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Asking Price: |
$1,500,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Retirement |
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Year Established:
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2005 |
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# of Employees:
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14 |
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Yearly Cash Flow:
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$219,700 |
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Yearly Gross Income:
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$1,000,000 |
Business for Sale Overview:
Good Food! Clean & Inviting Atmosphere! Friendly Service! Fresh Curb Appeal! Great Location on Major Thoroughfare! And, of course, a Real Barbecue Pit! Wow! It is a Terrific BBQ place! Interior is clean & up-to-date with modern equipment yet decorated in a customer friendly western style. Building is new with a western contemporary look, compatible signage & plenty of access parking. Service concept is cafeteria style with plenty of space to handle mealtime crowds. There is also a Drive Through window & good traffic flow. Clearly an Outstanding Opportunity in the Greater Clear Lake Area. Business is 85% restaurant & 15% catering, & opportunity to grow in both areas. Owner is retiring, but will assist in providing a smooth transition. Assume existing SBA Loan!
Property Features and Assets:
5,000 Square Feet freestanding facility on 1.2 Acres of land.
Market Competition and Expansion:
1. Build a website.
2. Do more catering.
3. Expand advertising.
Additional Details:
- The property is owned.
- 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 is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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