Business for Sale Overview:
Here is your chance for a minimal investment of $127,600 to be a owner of a potential South Smoker Barbecue plus property , which boosts over 500,000 tourists visiting each year. The building for the restaurant is 2,600 square feet and is situated on over .25 of land, with another two acres of parking spaces. The restaurant is on 200 foot of road frontage and boasts a large lighted marquee to welcome in all visitors. This restaurant is pure country Barbecue. He actually sells his sauces and rubs at a variety of locations, including the world renown Cabala's. We will base our business on a Southern Pride Smoker This wood smoker produces the finest BBQ anywhere in the world. The exterior of the restaurant will have log cabin type facing and will have a river rock foundation and huge river rock chimney, This chimney will of course release the great aroma of enticing wonderful BBQ aroma. The building will fit the concept of country BBQ. We even expect to have a hitching post, adding to the county flavor. There is a 1,000 foot dance floor that is adjacent to the bar area. We plan on various forms of entertainment, including both local and national bands. Add state lottery and club keno licenses as well. This will truly be a showcase for people of mid Carroll County , as well as tourists that come from across the area.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Lease Information; Annual Base Rent: $39,304.80 / 12 = $3275.40 Purchase Price: $510,400 25% down payment= $127,600 = $382,800 Financed at 7% rate, payments $2,546.78 On both purchase and lease you will have to pay the following; Common Area Maintenance (CAM or Condo Fee) $353.17 Taxes $4,499.65 / 12 = $375 Total = $353.17 + $375. = $728.17
Total Lease = $3275.40 + $728.17 = $4,003.57
Total Purchase – 25% deposit = $2,546.78 + $728.17 = $3,274.95.
Reason for Selling:
Other Interest
Additional Details:
- The property is owned.
- The owner is willing to train/assist 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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