Well established Highly Profitable, Independent BBQ in Great Location.

, Texas 25 views 0 favorites

Financial Highlights
Asking Price
$599,000
Revenue
$1,067,500
Business Description

This is a rare opportunity to purchase a DFW BBQ ‘treasure’ as the owners are retiring. Ideal for a hands-on operator or a semi-absentee owner, this turnkey restaurant continues to grow even after 10 years in business. Recession and pandemic proof, the business achieved record sales and profitability in 2020 and 2021. Regarded as a quintessential BBQ “joint”, the restaurant has built a strong, loyal customer base, and faces limited direct competition due to its excellent reputation. Known for its high-quality BBQ and friendly service, the 2,380 sq. ft restaurant has a current seating capacity of about 80. However, dine-in customers for this non-labor-intensive operation represents only 35% of revenue. Pick-up, delivery, and catering all provide excellent other sources of revenue. Located in one of the fastest developing residential and commercial counties nationwide, the business continues to break revenue records every year, plus viable opportunities exist to continue this growth. Simply put, this is a genuine business opportunity that rarely becomes available. In the Broker’s opinion, this highly successful restaurant would be ideal for someone with experience in the food industry or has a passion for owning such a business – a business that has become an integral part of its community; a BBQ establishment that traditionalists and BBQ connoisseurs seek out. . BUSINESS HIGHLIGHTS: • Consistent history of annual growth and profitability – a trend that continued with record sales achieved through the COVID-19 hit years of 2020 and 2021. • Ideal location that is highly visible from two busy main roads and has plenty of parking. • Strong name recognition throughout the DFW Metroplex and beyond. • Excellent reputation with a strong, loyal customer base due to its high-quality menu and friendly service. • Turnkey, non-labor-intensive, efficient operation with very reasonable overheads. • Viable opportunities to further increase revenue and profitability. • SBA approved with only $66,300 down (subject to buyer's credit) Location: Collin County, Texas Year Established: 2011 Number of Employees: 12 Real Estate: Leased Building Sq. Ft.: 2,380 Rent: $3,550.00 Per Month Lease Expiration: 12/31/2024 Facilities: Highly visible store front with outdoor porch seating. Equipment includes a high-quality Ole Hickory BBQ Pit (# EL) Smoker with ‘cook and hold’ cooking function, and walk-in cooler, etc, all in good working condition. Plenty of parking. Space to add drive-thru lane.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 14, 2022

Updated: 6 hours ago

Views: 25

Favorites: 0