Very Successful BBQ Restaurant w/ 2 Locations in Abilene Texas!
Business Description
This is a 45 year old established, successful BBQ Restaurant located in Abilene with two locations. The current Owners are ready for retirement and would like to sell the Real Estate of both locations along with the business, but they are willing to consider selling the business and signing a long term lease on the buildings.
This restaurant won 2023 SBA Small Business of the Year and has also been voted top 50 BBQ Restaurants in the state of Texas by Texas Monthly Magazine!
Abilene is know for great BBQ and this business is an Abilene landmark!
With recent news about the new ORACLE AI facility and the new MICROSOFT facility both being built in Abilene; the projections are for Abilene to more than double in size in the next 3-5 years! This BBQ restaurant with 2 locations will be a HOT SPOT for great BBQ in the future!
Both locations also feature large patios. One location has a full bar with beer and wine served in the second location as well.
While BBQ is the staple, the restaurants have diversified the offerings and menus to position themselves as a hot-spot for local food, fun and entertainment: steak nights, steak caterings, seafood boils, all-day concerts, live music, patios, and a full service bar have all made these two restaurants a unique and special place in Abilene! These restaurants are deeply-embedded in the food and entertainment culture of Abilene Texas!
This is a wonderful opportunity to own two established BBQ restaurants with a solid customer base and own the Real Estate of both locations as well!
The Real Estate for both locations has been recently appraised at $4,070,000.
The Owners would like to sell both the business and Real Estate together, but they are willing to consider selling the business and signing a long term lease on the buildings.
The company recorded $2.9-$3M in annual revenue for the last three years; 2022, 2023, 2024.
This restaurant won 2023 SBA Small Business of the Year and has also been voted top 50 BBQ Restaurants in the state of Texas by Texas Monthly Magazine!
Abilene is know for great BBQ and this business is an Abilene landmark!
With recent news about the new ORACLE AI facility and the new MICROSOFT facility both being built in Abilene; the projections are for Abilene to more than double in size in the next 3-5 years! This BBQ restaurant with 2 locations will be a HOT SPOT for great BBQ in the future!
Both locations also feature large patios. One location has a full bar with beer and wine served in the second location as well.
While BBQ is the staple, the restaurants have diversified the offerings and menus to position themselves as a hot-spot for local food, fun and entertainment: steak nights, steak caterings, seafood boils, all-day concerts, live music, patios, and a full service bar have all made these two restaurants a unique and special place in Abilene! These restaurants are deeply-embedded in the food and entertainment culture of Abilene Texas!
This is a wonderful opportunity to own two established BBQ restaurants with a solid customer base and own the Real Estate of both locations as well!
The Real Estate for both locations has been recently appraised at $4,070,000.
The Owners would like to sell both the business and Real Estate together, but they are willing to consider selling the business and signing a long term lease on the buildings.
The company recorded $2.9-$3M in annual revenue for the last three years; 2022, 2023, 2024.
About the Business
- Years in Operation
- 44
- Employees
- 50
- Facilities & Assets
- There are two locations:
1. North location is a free standing building built in 2016 that serves beer and wine and is about 4000 sf. The rent paid is $5500 per month.
2. South location is a free standing building built in 2017 that serves beer, wine and alcohol and is about 4900 sf. The rent paid is $12K per month. - Market Outlook / Competition
- Abilene is a growing city with a growing area around the city as well.
While there are other BBQ establishments, these two particular restaurants are VERY WELL KNOW IN THE COMMUNITY and surrounding area. - Opportunities for Growth
- The natural growth would be to add other locations both in Abilene and other cities such as San Angelo, Lubbock, Midland and Odessa.
The name brand of this company is really well known in this part of Texas and would travel well to other surrounding towns.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 9,000
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The Owners are willing to stay for up to 90 days included in the sale price of the business and after 90 days are willing to stay in a consultive role for a negotiated amount.
- Financing Options
- A small seller note (up to 10%) is negotiable
Listing Info
- ID
- 2317169
- Listing Views
- 2645
Listing ID: 2317169 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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