High Profile Bbq Restaurant
Location Massachusetts,United States
Asking Price Range $250K - $500K
Gross Revenues $1150000
Net Profit / Cash Flow $175000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 10 - 19
Inventory 200000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Training will be provided.
Reason for Sale Moving abroad.
Description High Profile BBQ Restaurant for sale, unique and very profitable, independent concept generating high sales volume with strong growth potential. Business also includes kiosk operations and catering. Very Appealing free-standing building on the North Shore; Virtually no competition in local trade area. This is a truly turnkey operation that is spinning off $175,000 in profit with a long term lease at below market rate. The financials are well documented and bank financing is available. This is a must see opportunity.
Sales: 2008 Sales were $1,150,000 (Sales trending upward 3 years running)
Cash Flow: $175,000
Price: $459,000 (Bank financing available for qualified buyers)
Facility: Very Appealing free-standing building on the North Shore. 2,100 s/f space with 859 s/f basement Beautiful build-out with Vintage collectible decor and outdoor seating.
Condition: The building and restaurant are in Excellent condition.
Parking: 56 parking spaces
Equipment: The equipment has been well maintained and is of very good quality.
Lease term: 20+5+5 year lease (Rent has been prepaid through March of 2010.)
Base rent:$1,800 per month NNN (Below market rate)
Seating: 55 seats with 32 additional seats on the outdoor patio
Hours: 11:00AM -8:30PM.
Licenses: Beer & Wine, Common Victual's
Click Here To Contact Seller
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