Absentee Ran BBQ Restaurant NW Metro Atlanta, 700 + Reviews 4.3 Stars
Business Description
Financials
Sale Price: $450,000
FFE: $150,000
Rent: $5,000/Mo
Cash Flow: $200,000
Gross Rev: $1,100,000
General Information
Year established 2017
The current owners have owned since it opened
8 Employees
Can sit 75 people at a time
8 4 person tables, 7 2 person tables, 7 barstools, patio with 3 tables that sit 4
Business hours?tues-sat 11am-9pm Sun 12pm-8pm Mon closed
Building is 2,800 SF with a porch
Make around $70,000 a year from catering
Open to seller financing with 50% down at closing
Strengths of the business: old school bbq pit smokin, Unique seasoning and sauces, free standing building, At a traffic light, lot of visibility.
Weaknesses of Business: Owner could be more involved and they could focus more on Marketing
Reason For selling: Retirement
Sale Price: $450,000
FFE: $150,000
Rent: $5,000/Mo
Cash Flow: $200,000
Gross Rev: $1,100,000
General Information
Year established 2017
The current owners have owned since it opened
8 Employees
Can sit 75 people at a time
8 4 person tables, 7 2 person tables, 7 barstools, patio with 3 tables that sit 4
Business hours?tues-sat 11am-9pm Sun 12pm-8pm Mon closed
Building is 2,800 SF with a porch
Make around $70,000 a year from catering
Open to seller financing with 50% down at closing
Strengths of the business: old school bbq pit smokin, Unique seasoning and sauces, free standing building, At a traffic light, lot of visibility.
Weaknesses of Business: Owner could be more involved and they could focus more on Marketing
Reason For selling: Retirement
About the Business
- Years in Operation
- 8
- Employees
- 8
- Facilities & Assets
- Stand Alone Building
- Market Outlook / Competition
- Some, but this is well established with good reviews.
- Opportunities for Growth
- The right owner could easily grow this business or a owner operator could take advantage of more money by working in the restaurant.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,800
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- As needed, this is a absentee with a management team in place that you can just run and let it manage itself.
- Financing Options
- Possible owner financing with 50% Down for qualified buyer or bank financing.
Listing Info
- ID
- 2198155
- Listing Views
- 2817
Listing ID: 2198155 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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