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

Listing Number: 9525-223623

Description

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 $80,000. 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.

Benefits:

Established business with a loyal following of customers

Turnkey operation with all equipment and inventory included

Prime location in Virginia Beach

Room for growth:
Biggest growth opportunities in this business: 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.

Strengths of the Business:

Made from Scratch BBD
Own and operate all facets of Business – Quality guaranteed
Large Menu
Unique Menu Items
Offer Military, Law Enforcement, Police, Fire Responders Discounts
Customer Loyalty Program
Clean and comfortable dining experience

Asking price: $199,000

Listing Details

• Price: $ 199,000
• Down Payment: $199,000
• Sellers Discretionary Earnings: $ 80,000
• Total Sales: $ 280,000
• Location: Virginia Beach City, Virginia


• Inventory: $ 0
• FF&E: $ 0
• Employees:
• Reason for Selling: retirement
• Category: Restaurants