Newly Remodeled BBQ Restaurant in a Growing Area
St. Johns County, Florida
Asking Price: |
Gross: |
Cash Flow: |
$75,000 |
$934,648 |
$98,602 |
Furniture and Fixtures Value:
$274,000 (included in the asking price)
Inventory Value:
$5,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
Don’t miss your chance to own this amazing BBQ restaurant in the very popular & fast-growing Ponte Vedra Beach area. This was intended to be a “bolt-on” to the Sellers very established westside BBQ location when they purchased it in May of 2022. After an extensive remodel, rebranding and significant investments in equipment and leasehold improvements, the Sellers have decided to sell due to time constraints. The restaurant is fully staffed and running well but the “reboot” has not fully realized the cost of the injected investment so to keep it simple and stimulate a fast sell, this is listed as a Pure Asset Sale with tremendous potential for a fulltime owner operator. Note that Seller financing is for a qualified Buyer and the figures shown are for 2021, the full year before the new ownership. Great location + Great staff + Newly remodeled well-known brand + Growing sales + Generous Seller Financing = This won’t last long so email me today for an NDA! This Florida based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower middle market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent John Geiwitz - (904) 412-5771. Please refer to listing #7101432000.
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Year
Business was Established: 2018 |
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Number of Employees:
15 pt/2 mgrs |
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Facilities / Terms of Lease:
Lease/Month: 11371 Square Footage: 3820 Building Type: Strip Plaza
Terms & Options: 5-years Expiration Date: 5/1/2027 |
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Competition:
Weeks Training: 6
Cost: $0 |
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Owner
willing to finance:
Loan/Seller- Amt: 50,000 Mos: 60 Rate: 8.00 Mo Pmt: 1,013.82 |
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Owner
willing to train:
Weeks Training: 6 Cost: $0 |
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Reason for selling:
Owns another busy Restaurant - Time Constraints |
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REQUEST MORE INFO |
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