Business For Sale

Profitable Johnson County BBQ

Not Disclosed, KS
Johnson County

Johnson County

Asking Price: Annual Revenue:
$315,000 $754,756

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Profitable Johnson County BBQ Broker: Chris Kerth

Quick Facts

Asking Price: $315,000
Annual Revenue: $754,756
Net Profit: Not Disclosed
Cash Flow: $144,282
Total Debt: Not Disclosed
FF&E: $78,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 10
BBN Listing #: 50734955
Broker Reference #: 5513-13695

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Business Overview:

The business has operated from its current location for 25+ years. High traffic counts, dense population and walking distance to many professional office buildings make this a great location. The seller owns the Real Estate and will either sell or lease. Most of the revenue is generated by walk-in traffic that dines at the restaurant or carries out. A growth area is expanding the catering which is very profitable and a great way to expose the product.

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Property Features and Assets:

Many recent upgrades have been made to the facility including electrical and plumbing updates, new roof, parking lot resurfaced, interior exterior LED lighting, 10-ton addition to HVAC, new furniture in customer dining area and more. Buyer has the option to purchase Real Estate for $380,000. A typical Real Estate purchase scenario and bank loan - 10% down, 20-year loan, 6% interest produces a monthly loan payment similar to the $2,500 rent expense. Investing in the Real Estate versus renting would be a great opportunity for the new owner to build equity. Assets= $116,741

Market Competition and Expansion:

This business has a long history of successful performance which the financials support. New blood is needed. A very solid core business is established. New energy and ideas will stimulate the operation for additional growth.

Reason for Selling:

Other business interests.

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 not a franchise resale opportunity.

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