Own a Piece of History: Iconic BBQ & Steakhouse

Listing Number: 7101-995893

Description

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!

Listing Details

• Price: $1,222,000
• Down Payment: $130,000
• Sellers Discretionary Earnings: $555,605
• Total Sales: $3,502,235
• Location: Duval County, Florida


• Inventory: $29,000
• FF&E: $587,382
• Employees: 64
• Year Established: 1997
• Reason for Selling: Other Business Interests
• Category: Restaurants