Profitable Fast Food BBQ in Downtown Houston

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$249,000 $450,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Fast Food BBQ in Downtown Houston Broker: Ron Hankamer
Owner Financing is Available!

Quick Facts

Asking Price: $249,000
Annual Revenue: $450,000
Net Profit: Not Disclosed
Cash Flow: $110,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 3
BBN Listing #: 567544107
Broker Reference #: 76931-304242

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Business Overview:

This popular barbecue restaurant has been open for 28 years and offers an excellent opportunity for a buyer to get in at a low price as customers start to return to their nearby offices after the pandemic. It also offers very family-friendly hours for the owner and employees since it's only open Monday thru Friday 7am - 2:30pm, which means evenings and weekends off!

There's no rushing great barbecue! This restaurant smokes its meats overnight for 18 hours. Their menu includes traditional favorites like brisket, ribs, chicken, pulled pork, sausage, and hamburgers. Side items include baked beans, potato salad, french fries, coleslaw, and more. They also offer a full salad bar and breakfast menu.

The business for sale is located in an office building and offers dine-in, take-out, and delivery services. The business consists of 1,190 square feet with monthly lease costs of $3,438 including CAM. The lease has 2.5 years remaining plus one 5-yr option.

This business was averaging about $650,000 - $700,000 in revenues and $150,000 - $200,000 in discretionary earnings before the pandemic started. Seller is estimating about $450,000 in sales and $110,000 in earnings for 2022. There are currently 3 employees (excluding the owner). The listing price includes FF&E of $75,000, Leasehold Improvements of $100,000, and Inventory of $5,000. The seller is wanting to retire. He will provide at least two weeks of training to the buyer in order to ensure a smooth transition.

This location would be perfect for an owner-operator that enjoys working with people and prefers to have evenings and weekends off. There is a lot of potential to increase catering and delivery in the area to nearby businesses.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

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.

Relevant Links:

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