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Quick Facts
Asking Price: | $175,000 | |
Annual Revenue: | $1,137,864 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $242,423 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 13 | |
BBN Listing #: | 539730362 | |
Broker Reference #: | 47819220 |
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Business Overview:
Highly sought after Neighborhood Smokehouse and Bar, operating for 12 years. Very loyal clientele and long tenured Staff. On a very busy major road through the city surrounded by a growing population of new communities and Businesses with a Brand new Publix being built across the street and a New apartment complex being built behind adjacent to the Restaurant.
This is a great Business in need of an Owner operator to give it the attention it deserves. Property owner is putting in 2 new Air conditioning units as well as offering 2 free months rent to assist with minor remodeling or repairs. Rent and Lease are Reasonable and solid and $'s beneath the Market rate for like Properties. Business hasn't yielded under $1,000,000 since it been here. Just needs to managed to gain what's left on the table. Does great late night Business, Take out Sales and Catering, many options for revenue streams
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Reason for Selling:
Other Business Interests
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