Classic BBQ

Price: $329,000

Location: Mobile, AL

Listing ID: 1-83

Listing Status: New

Description

This barbecue location has been around for nearly ten years. It has a full staff of cooks and servers. The company runs off of walk-in, drive-through/pick up orders, and a large amount of corporate catering.

The owners started this business back in 2014 as a way to follow a long held dream of owning a barbecue. After nearly ten years, the owners are ready to retire fully. Restaurant is only open for lunch 4 days a week and dinner on Friday night. What an opportunity to increase hours and increase revenue!

The owners are willing to help a buyer transition for 30 days in store to ensure the buyer's success. They are open to consulting by phone for a much longer period.

The location can seat one hundred in the main dining room and has an extra party room for events. It also caters to businesses frequently.
Competition:
There are a few competitors, but not enough to significantly decrease the demand. This is famous BBQ in the deep South.
Growth & Expansion:
There's a lot of room for growth by opening for lunch 6 or 7 days a week instead of 4 and opening 3 to 4 nights a week for dinner instead of only 1. A catering manger is also needed to sell catering jobs to the numerous companies and plants within a 15 mile radius of this restaurant. This business should be grossing over $1MM a year within 18 months with these additions. Please fill out the contact form and complete the NDA to learn more.
Support & Training:
The owners are willing to help a buyer transition for 30 days in store to ensure the buyer's success. They are open to consulting by phone for a much longer period.
Reason for Selling:
Retirement to the Beach

LISTING DETAILS

Total Sales: $540,000

Cash Flow: $126,789

FFE: $125,000

Inventory: $15,000

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Gene Townley

Gene Townley