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  • RE:  Turn Key & Profitable BBQ Restaurant
  • Contact:  Charles Daucourt

Quick Facts

Asking Price: $179,000
Annual Revenue: $280,000
Net Profit: Not Disclosed
Cash Flow: $83,000
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 902943891
Broker Reference #: 9525-223623

Email or Print Listing

Business Overview:

Turn Key &Profitable BBQ restaurant with room to grow - 223623CD

***Priced Reduced***

Well-established barbecue restaurant located in Virginia Beach, Virginia. The restaurant has been in business for over 6 years and has a loyal following of customers. The restaurant has an average gross revenue of $280,000 per year and a seller discretionary earnings of $83,000. There is room for growth as the current owner is only open for 4 days a week and closes for one full month each year, and is currently the only person to operate the restaurant. The restaurant is in a prime location in Virginia Beach. The area is home to a large population of people who enjoy barbecue food. The restaurant is also located near several major highways, making it easy for customers to get to. The restaurant is a turnkey operation. The current owner is willing to sell the business with all of the necessary equipment and inventory. The buyer would be able to start operating the restaurant immediately. This is an excellent opportunity for someone who is looking to own a successful barbecue restaurant. The business has a proven track record of profitability and there is room for growth.

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Property Features and Assets:

Monthly Rent: $3,265.00

Square Units (Foot, Meter): 1,715

Lease Expiration Date: August 27, 2025, 9:00:00 PM

Market Competition and Expansion:

Expansion: The owner only opens for 4 days a week. Adding another 3 days a week would considerably increase the revenue. Closed a full month each year. Adding another month would increase the revenue.

Reason for Selling:


Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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