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Barbeque Restaurant

Monmouth County, New Jersey

Asking Price: Gross: Cash Flow:
$39,900 $218,000 $39,586

Furniture and Fixtures Value:
$25,000 (included in the asking price)

Inventory Value:
$300 (included in the asking price)

Business Summary:
Excellent opportunity to acquire this turn-key non-franchise Barbeque Restaurant located in Monmouth County on a very busy thoroughfare making it an ideal location for a successful business, offering excellent barbeque food with consistent quality. The restaurant is 850 sq. ft. and seats approximately 22 with an additional seating outdoors for 12 an attached garage in the rear and a large office upstairs. It also has parking for 20 cars. The menu includes a variety of dishes such as pull pork, rib eye steak, chicken, ribs, and beef brisket just to name a few plus 16 flavors of gourmet ice cream. It is open for lunch and dinner and does catering for parties up to 200. Regardless of the economy, people have to eat and virtually everyone loves barbeque. A good restaurant operator can place his own concept (with a few exceptions) or keep the current concept and adapt it according to their preference. The business would thrive under a family-run operation. All fixtures, supplies and equipment are included in the sale. The name of the business does not come with the business. For further information, please contact Gene Reilly at 908-851-9040 Ext. 293.

 
   
   
Year Business was Established: 2008
   
Number of Employees: 1FT/2PT  
   
Facilities / Terms of Lease: Non-franchise Barbeque Restaurant located in Monmouth County on a very busy highway. The restaurant is 850 sq. ft. and seats approximately 22 with an additional seating outdoors for 12, an attached garage in the rear and a large office upstairs. It also has parking for 20 cars. Lease 5 years plus 5 year option  
   
Owner willing to finance: Prime + 2% for 2 years  
   
Owner willing to train: 1-2 weeks  
   
Reason for selling: Partner quit business  
 

 

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