$550,000

Award Winning High Volume BBQ & Rib Restaurant!

Virginia/Hampton Roads
Financials
  • Price: $550,000
  • Gross Income: $929,500
  • Cash Flow: $230,000
  • FFE: $120,000
  • Inventory: $15,000
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #1581
  • Year Established: 2005
  • Financing:
  • Training:
  • Facilities:
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

Award Winning High Volume BBQ & Rib Restaurant! Spectacular Location Experienced, Trained & Committed Staff Attractive Interior Loyal Following Operating 10 years this business continues to outpace expectations and the competition. The formula has been fundamentally successful and based from a home grown diner design. The product has hands on oversite from the owners that demand excellence in preparation and presentation. And to carry forward their requirement for precision in performance, the owners have invested time in training all of their 19 employees in preparation and customer service. And it doesn’t stop there. The owners have a key business sense and operate the business from the perspective of three specific revenue streams. Those streams break out as a dine in experience for customers, a robust take out service digitally and by fax including delivery, and catering large and small crowds in addition to private parties. Does it sound like they have all of the bases covered? They do. The location is centrally staged in a major shopping area with easy access and ample parking. The facility has seating capacity for over 100 including the interior and outdoor space. Covering 2,000 square feet the lease cost is $5,500 per month. And contained under the roof are all of the required kitchen facilities including a unique inside smoker. For more information call Advanced Business Brokerage, at 757-967-7249, or email at: info@advancedbusinessbrokerage.com

The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

Business Listed By

Frank Chebalo, CBI, ABI, CMSBB, CBC 4445 Corporation Lane, Virginia, Virginia Beach