Proprietor

Price: $780,000

Location: Johnson City, TN

Industry: Restaurants and Other Eating Places

Listing ID: RSV-09012023

Listing Status: New

Description

Long established barbecue restaurant in a strong location. Real estate is included. Currently fully rented.

LISTING DETAILS

Total Sales: $658,000

Cash Flow: $27,135

EBITDA: $47,497

Accounts Receivable Included: No

FFE: $40,000

FFE Included: Yes

Inventory: $3,500

Inventory Included: No

Operation

Year Established: 2011

Location

Real Estate: $480,000

Real Estate Included: Yes

Monthly Rent: $3,500

Type of Location: Stand Alone Building

Square Footage: 3,100

Summary

Facilities Information:

Business is located in a multi-tenant building with three other tenants, each providing rental income to the owner. Well known business with high traffic location and easy accessibility. Real estate portion of this offering is listed at $ 480,000; the business portion is listed at $ 300,000.

Reason For Sale:

Other business interest and semi-retirement.

Training & Support:

Two weeks transitional training included in price.

Competition:

The barbecue business is a competitive business; the key is to stand out from other competitors. This business enjoys a large base of loyal customers.

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Ramon Sanchez-Vinas

Ramon Sanchez-Vinas