Business For Sale

Barbecue Restaurant

Montgomery County, AL


Asking Price: Annual Revenue:
$75,000 $90,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Barbecue Restaurant Broker: Boyd III, Jim
Owner Financing is Available!
75,000 down & All Cash, Must buy the real estate also for an additional $150,000

Quick Facts

Asking Price: $75,000
Annual Revenue: $90,000
Net Profit: Not Disclosed
Cash Flow: $22,750
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1978
Employees: 3
BBN Listing #: 24774447
Broker Reference #: 18064 Boyd III

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Business Overview:

Owner ready to retire, must sell soon. Well established local Barbecue restaurant; in business for 32 years. Great reputation, great client base. Located on a major road near downtown, close to Government buildings the Air Force Base and the Coliseum. This is a tremendous opportunity for the right new owner. Current owner is unable to maintain business; still making a profit but has the potential to increase much more. The owner is elderly yet still running the business therefore, they currently close at 5:30 p.m. They do not advertise the business. They have not updated the menu or facility in years. Has the capacity to seat 45 people but the space is greatly under-used. Sales price includes $50,000 worth of equipment including walk-in freezer, cooker/smoker, grill, and ice cream machine. New owner must purchase the real estate from the current owner for $150,000. Total sales price $225,000. Will consider any reasonable offer.

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Reason for Selling:

personal

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Relevant Links:

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