Bar-B-Que Restaurant WITH Property in Jacksonville - NO WEEKENDS!
ONLY OPEN MONDAY THROUGH FRIDAY FOR LUNCH! Business is being sold WITH PROPERTY!
This great restaurant has been filling happy bellies for over 20 years in Jacksonville. Over 4.5 stars on Google and very well known as the 'GO TO' for the best Bar B Que in Jacksonville. The business consistently does about 800K annually in sales and NETS the part time owner (works about 30 hours per week) between $100,000 to $150,000 annually. Again OPEN ONLY FOR LUNCH 5 DAYS A WEEK!
Grow the business with more catering, or open weekends OR nights for a sales boom. Great work/life balance, with long term happy employees, this is a turn-key "make money from Day 1" business.
Financial Information
- $985,000 Asking Price
- $140,028 Cash Flow
- $698,700 Gross Revenue
- $600,000 Down Payment
- Yes Financing
Business Location
- City: Jacksonville
- State: Florida
Financing Comments
- Seller may hold up to 20% Seller note
Reason for Sale
- Retiring
Detailed information
- Year Established: 2004
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 6
- Part-Time Employees: 3
- Contractors: N/A
- Owner Worked Hours/w: 30
- Adjusted EBITDA: $140,028
- Inventory Included: Yes
- Inventory Value: $2,000
- Monthly Rent: N/A
- Real Estate Available: Yes
- Real Estate Included: Yes
- Real Estate Value: $650,000
- Building Size: 4750
- FF&E Included?: Yes
- FF&E Value: $25,000
Training/Support
- 2 weeks at no cost
Facilities
- 4750 sq ft turn key business with high value restaurant equipment, smokers, walk in cooler and freezer, etc
Market Outlook/Competition
- Great location with property included
Real Estate Description
- 4750 sq ft restaurant space on .64 acre in a busy area off I-10. Full parking lot
Business Listed by
Wes Greer
Sunbelt of JacksonvilleContact Business Broker
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