Successful BBQ Restaurant in Prime Location
Price: $370,000
Location: Charlotte, NC
Industry: Restaurants and Other Eating Places
Listing ID: 8082073
Listing Status: New
Offered for sale is an exceptional slow smoked, southern-style BBQ restaurant in a highly desirable location with a devoted customer base. Renowned for its authentic flavors and inviting family atmosphere, this profitable, fast casual restaurant has a healthy growth trajectory and has experienced explosive and sustainable growth in its catering business. The restaurant is the caterer of choice for a number of significant venues and sports teams. This is a rare opportunity to acquire a highly popular restaurant with a look and feel that is perfectly suited to act as a blueprint for other locations or as a platform to franchise.
Operated from a bright, modern storefront location in a conveniently located shopping complex, the restaurant enjoys a loyal following as well as significant walk in traffic. While the owners are somewhat involved in the business, the restaurant employs an experienced, skilled staff and as a result the business does not require an owner with any restaurant experience.
Don’t miss out on this chance to become the proud owner of a cherished BBQ institution. Act fast – opportunities like this don’t come around often!
Total Sales: $944,054
Cash Flow: $148,372
FFE: $87,000
FFE Included: Yes
Year Established: 2007
Facilities Information: This restaurant features an open kitchen concept, 62 indoor and 20 outdoor dining spaces with modern furnishings. The facility and equipment are well maintained and in excellent condition.
Reason For Sale: Retirement
Training & Support: The seller is willing to train and provide support for up to 2 weeks after the sale. The seller is also willing to connect the buyer with all supplier relationships to keep the business running smoothly.
Competition: This well-established business specializing in Southern-Style BBQ fare made from fresh ingredients sets itself apart from the competition with its strong reputation for client loyalty and repeat business. By simply continuing to provide high quality customer experience in a reliable and consistent fashion, you will ensure the continued longevity and success of this business.
Potential Growth: The catering business has experienced explosive growth, and is very scalable. Increasing marketing and outreach would show an immediate impact on sales. Also, increased exposure through social media and other methods would increase traffic at the restaurant.