Own a Piece of History: Iconic BBQ & Steakhouse
Duval County, Florida
| Asking Price: |
Gross: |
Cash Flow: |
| $1,222,000 |
$3,502,235 |
$555,605 |
Furniture and Fixtures Value:
$587,382 (included in the asking price)
Inventory Value:
$29,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
An Iconic and famous family style BBQ & steakhouse for 26+ years! Prides itself in serving high volume and large regular customer base, that is a dream for any successful restaurateur. A very well-established operation with some staff members who have been there from the beginning. Known for slow smoked pork butts & beef brisket for 14 hours every night & hand cut steaks by in-house butcher. All vegetables from the local farmers market, everything prepared from scratch. Full-service bar (SRX), banquet room for 80 guests, outside seating on screen porch & 300 seats inside. Great books & records and huge potential of continuing growth. Turn-key with great management in place. SBA Lender approved with generous Seller financing, growing sales with increased Net via newly implemented expense control and only $160K down = This will go fast so email me TODAY for an NDA! Please refer to listing #7101-995893, Agent John Geiwitz when inquiring about this listing. Thank you!
|
|
| |
|
| |
|
| Year
Business was Established: 1997 |
| |
|
| Number of Employees:
4 Mgrs/15 FT/ 45 PT |
|
| |
|
| Facilities / Terms of Lease:
Type of Location Restaurant
Facilities
Monthly Rent $17,320.00
Square Units (Foot, Meter) 8,968
Lease Expiration Date August 31, 2031 |
|
| |
|
| Owner
willing to finance:
Owner Financing Terms $200,000.00 Owner Financing Interest 6% Owner Financing Terms Months 120 Other Financing Amount $892,000.00 Other Financing Interest 9% Other Financing Term Months 120 |
|
| |
|
| Owner
willing to train:
Will train for 3 weeks @ no cost |
|
| |
|
| Reason for selling:
Other Business Interests |
|
|
|
| REQUEST MORE INFO |
 |
|
