Over $200K in Owner Earnings - Savannah GA BBQ

Not Disclosed, GA


Asking Price: Annual Revenue:
$549,000 $1,832,965

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Over $200K in Owner Earnings - Savannah GA BBQ Broker: Steve Weinbaum

Quick Facts

Asking Price: $549,000
Annual Revenue: $1,832,965
Net Profit: Not Disclosed
Cash Flow: $219,611
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1972
Employees: 26
BBN Listing #: 20718096
Broker Reference #: 8365

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Business Overview:

Profitable Savannah Georgia Barbecue Restaurant For Sale. This Family Friendly Casual Dining Restaurant has Been Open and Operating Successfully For Decades. Annual 2019 Revenue Exceeded $1.8 Million Generating Owner Earnings of Over $215,000. And while 2020 was impacted by Covid-19, 2021 Sales are Coming Back and Approaching Pre-Covid Levels. Strong and Verifiable Books and Records Should Qualify this Restaurant For SBA Lending. Favorable Lease Rate of under $8000 Per Month or 5% of Net Sales. Currently Open Only Five (5) Days per Week Offering a Good Work - Life Balance

Owning this Restaurant For Sale and living in Savannah Georgia is more than a business decision, it's a great lifestyle choice. Savannah, is a wonderful coastal Georgia city, separated from South Carolina by the Savannah River. It’s known for manicured parks, horse-drawn carriages and antebellum architecture. Its historic district is filled with cobblestone squares and parks. It is close by to so many other beautiful areas like Hilton Head and Tybee Island drawing patrons from outside the metro Savannah area. Curb side and Catering business has grown adding additional profitable revenue streams. Savannah's tourism numbers continued to grow to record levels. The estimated total number of visitors for the year was 14.8 million, generating $3.1 billion in visitor spending.

When looking for a Restaurant to Buy, your Restaurant Brokers at We Sell Restaurants advise that Reputation, Longevity, Lease, and and Strong Verifiable Financials are the "Gold Standard." These qualities are what makes some restaurants stand out from others and earn the distinction of being called "Certified Pre Owned." This Profitable and Long Standing Barbecue Restaurant located in Beautiful and Historic Savannah Georgia checks all the Boxes. Open and Operating for Decades ensures the next owner of tons of repeat business from local residents and visitors alike with four Star reviews on Yelp, Google and Facebook.

The Restaurant for Sale is 4,000 square feet and can seat over 120 guests. The favorable lease term is in effect through 2023 and a new owner would work with the Landlord, with help from We Sell Restaurants, to extend the term. The menu boasts some of the best Barbecue in the area including smoked ribs, pulled pork, brisket, fresh shrimp, made-from-scratch sides and more all served at reasonable prices. Profits are enhanced by a Full Bar. So don't wait and miss out. learn more about this opportunity to own this profitable casual dining restaurant in Savannah Georgia with as little as 20% by securing an SBA loan.

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.

Property Features and Assets:

4 4 top tables 32 chairs 12 bar stools 6 2 top tables 4 6 top tables 3 double 6 seat booth 2 single 6 seat booth 10 4 top booth tables 4 single 4 seat booth 8 double 4 seat booth 1 round 4 seat high top 14 pendant lights 2 fancy pendant lights 10 large bowl lights 32 can lights 45 sound boards Hostess stand Antique vanity 4 church pews Large handmade wooden bar Cabinets and storage over bar Assorted glass bar ware 1 door glass front beer and wine cooler 2 ice wells 3 speed rails Wooden back bar shelfs 3 comp bar Sink Dump sink Hand sink Expo shelvesx2 2 2ft hear lamps Heartland tablet cloud POS 4 stations Large and small server stations 2 2 door sandwich units with cutting boards 2 3 compartment steam tables 1 door freezer Small chest freezer 4 2 basket fryers 3 ft grill top 2 door 3 ft refrigerated chef base 6 burner range with oven Large pot burner 14 ft hood with make up air two exhausts Fire safety for hood Low temp dish machine with drop table and clean table 3 comp sink Mop sink Hot water hearer 8 ss work tables 15 wire shelves 2 door reach in refrigerator Large walk in refrigerator with walk in freezer Staff lockers Southern Pride 700 smoker with custom outside exhaust 2 large prep sinks Hand wash sink Shrimp peeling machine Buffalo chopper Slicer Food processor Large pots small pots sautéed pans Third half and full size ss hotel pans 3 and 5 gal buckets Large bowls small bowls colanders Spoons scoops spatulas Bus tubs Large and small lean with lids 6 th pans Large storage containers Catering trays 10 catering chafers Catering Van Large neon sign on front of space Open sign Plexiglass dividers on all booth backs 3 2 shelf rolling carts

Market Competition and Expansion:

Sales increased at this location year after year since 2008. Customers eating out and sales increasing. Built in customer base since the beginning of Papa’s

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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