$500K Gets You 2 Locations Of A Profitable BBQ
Loganville, GA Walton County
Seller's Contact Information
- RE: $500K Gets You 2 Locations Of A Profitable BBQ
- Contact: JK Kenny
Quick Facts
| Asking Price: | $500,000 | |
| Annual Revenue: | $1,685,337 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $137,681 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2013 | |
| Employees: | 46 | |
| BBN Listing #: | 98848096 | |
| Broker Reference #: | 8354 |
Business Overview:
PRICED REDUCED!!! Get two profitable BBQ restaurants for the price of one. Voted best in Gwinnett County and spotlighted on 'Atlanta Eats'! Owner Benefits for 2021 is $238,575.00! That's an increase of 10 times in benefits over 2020 . Currently, the YTD P&L from Jan-Aug 2022 (8 mos.) shows a 2-store owner benefit of $140,092.68. When you consider the price of $500,000, you are looking at a ROI of 2 years!!! This purchase is a no-brainer and it won't last long. Customer service is the #1 priority and these BBQ Restaurants for Sale strive to deliver delicious, slow smoked, Hickory BBQ. Focused on the local communities by creating a relaxed, family friendly atmosphere and always insure the finest 'pit-to-plate' experience. This is an award winning concept with no major competition excerpt possibly chain BBQ. Having fresh daily, delicious BBQ is a competitive advantage. Restaurant # 1 is a 3600 square foot freestanding restaurant situated on 2.2 acres with plenty of space for parking and hosting outside events such as cook-offs, fundraisers and concerts. Inside seating is 68, but think about the outside dining possibilities! The fully equipped commercial kitchen has it all. You get three Old Hickory Smokers, one EC and two EL-EDX smokers, one of which is a trailer unit with two portable propane gas tanks, making off-site catering and BBQ competitions a definite possibility. Currently this location sells only soft drinks and beer, but a full service pouring license would certainly add to the bottom line. In addition, the restaurant is not open on Sundays and Mondays, which again would push up revenues which was $1,240,764.98 for 2021.Currently as of August 31, 2022, revenues totaled $830,061.40. Restaurant #2 is a 4200 square foot space with a large elevated outdoor deck overlooking the busiest intersection of one of the fastest growing towns in Gwinnett County, Georgia.. Like it's sister location, it is known for it's wonderful daily made fresh food, courteous and efficient service. There is a great opportunity to increase traffic and profit by adding a bar area to accommodate more customers, especially later in the evening. There is enough space to even add a little entertainment if you so choose. Right now there is seating for approximately 100 seats inside with an additional 42 out on the deck, and you know how important outside dining is now! AND...if that isn't enough, a logo'd shrink wrapped catering van is also included in the sales price for opportunities regarding off-site catering. Revenue for 2021 was $1,134,955.76. Current revenues as of August 31, 2022 are $744,478.76.
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Property Features and Assets:
Location 1 Ole Hickory EC Smoker Ole Hickory EL EDX Smoker Ole Hickory EL EDX Smoker Trailer unit with 2 propane gas tanks Six 4 person Hardwood and foam booths 1 year old Ten 4 person tables and chairs Outdoor seating 2 booths 4 tables 15 bar top seats 2 large gas fryers 1 gas 36 inch flat top with salamander 1 gas 36 inch char grill 2 CVAP meat and side warmers 6 month old 8 ft by 10 ft walk in refrigerator 1 year old single door refrigerator Double door freezer 4 top gas stove 4 bay gas steam table 3 bay wash sink 1 bay vegetable wash sink 1 bay meat wash sink 48 inch line worktop refrigerator 36 inch line single door freezer various heat lamps and strips for line service various stainless prep tables All smallware items for prep and service Location 2 Ole Hickory CTO Double wide Smoker Four 4 person booths Four 6 person booths Three 2 person tables and chairs Six 4 person tables and chairs Three 8 person tables and chairs Outdoor seating for 35 guests 2 large fryers 1 gas 36 inch flat top with salamander 1 gas 36 inch char grill 2 CVAP meat and side warmers 8 foot by 8 foot walk in refrigerator single door refrigerator storage double door freezer storage double door refrigerator storage 6 top gas stove 4 bay gas steam table 3 bay wash sink Single bay dishwasher 1 bay vegetable wash sink 1 bay meat wash sink 48 inch line work top refrigerator 36 inch line single door freezer Various heat lamps and strips for line service Various stainless prep tables Assorted small wares for prep, service etc. Ole Hickory EL EDX Delivery Van BBQ competition trailer
Reason for Selling:
Personal
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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