$2,500,000
BBQ Restaurant
- Status: Sold
- Price: $174,000
Description
This is a SBA Loan pre-qualified for 15-20% down
Making Net $70,000/Y
Well established business since 1992. This is a 1,800 sq ft. Restaurant that can sets 50 x guests inside the dinning room. The Restaurant is open Wed- Sun and serves Fresh, High Quality, Mouth watering Authentic Texas BBQ for dine-In and Take-out and Catering. There are 3 x full Time employees who help the owner to run the place. Rent is $3,277 a month with 5 x years lease. Seller claims his Gross Annual Sale is about $743,000 and he also claims his yearly Net Income is about $70,000.
Business Information
Ownership Type:
Corporation
Year Established:
1992
Year Purchased:
1992
Business Type:
BBQ Restaurant
License(s) Required:
Business, Health, ABC
Hours of Operation:
Wed-Sun
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4110
Date Available:
03/25/2022
Reason For Sale:
Retiring
Financial Information
- Annual Total:
- 743,000
- Revenue:
- Annual Net Income:
- 70,000
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- 3,277/m
- Lease Expires:
- 2027
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
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