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RE:  Newly Remodeled BBQ Restaurant In A Growing Area Contact:  John Geiwitz
Owner Financing is Available!
Loan/Seller- Amount: $100,000 Months:60 Rate:8.00% Monthly Payment:$2,027.64

Quick Facts

Asking Price: $190,000
Annual Revenue: $934,648
Net Profit: Not Disclosed
Cash Flow: $98,602
Total Debt: Not Disclosed
FF&E: 274,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 17
BBN Listing #: 812118747
Broker Reference #: 7101432000

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Business Overview:

Don’t miss your chance to own this amazing BBQ restaurant in the very popular & fast-growing Ponte Vedra Beach area. This was intended to be a “bolt-on” to the Sellers very established westside BBQ location when they purchased it in May of 2022. After an extensive remodel, rebranding and significant investments in equipment and leasehold improvements, the Sellers have decided to sell due to time constraints. The restaurant is fully staffed and running well but the “reboot” has not fully realized the cost of the injected investment so to keep it simple and stimulate a fast sell, this is listed as a Pure Asset Sale with tremendous potential for a fulltime owner operator. Note that Seller financing is for a qualified Buyer and the figures shown are for 2021, the full year before the new ownership. Great location Great staff Newly remodeled well-known brand Growing sales Generous Seller Financing = This won’t last long so email me today for an NDA! This Florida based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower middle market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent John Geiwitz. Please refer to listing #7101432000.

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Property Features and Assets:

Lease/Month: $11,371; Square Footage: 3,820; Building Type: Strip Plaza; Terms & Options: 5-years; Expiration Date: 5/1/2027.

Market Competition and Expansion:

Miles: 15 Years: 3

Reason for Selling:

Owns another busy Restaurant - Time Constraints

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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