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Listing No:06947

Category:RestaurantPrice:$675,000.00
Detail:Bar-B-Que RestaurantDown:$500,000.00
County:VolusiaIncome:$100,000.00
Country:United StatesSales:$1,100,000.00

This is a local 4200 sqare foot Bar-Be-Que restaurant with 150 seats; decor is country casual. Full kitchen with operation lay out made for BBQ Owner has nearly forty years in BBQ.

Organization Type: Corp 'Sub S' Hours Owner Works: 40 split with office
Years Established: 3 Years Owned: 3 Managers: 2
Employees Full Time: 4 Employees Part Time: 6
General Location: Florida East Coast Weeks Training: 2 Training Cost: $0.00
Reason for Sale: Please ask seller
Operating dys/hrs: 11 am to 9 pm Skills/Licenses: Business Management skills
Business is: Relocatable: N      Home Base: N      Franchise: SBA P/Q: N

Accounts Rec:$0.00 Included: Inventory:$22,500.00 Included:No
F.F. Equip:$167,500.00 Included:Yes Lease Hold:$32,000.00 Included:Yes
Real Estate:$0.00 Included:   $0.00 Included:
Total Assets: $222,000.00 

Data Source:Owner EstimateP/L StatementP/L Statement
Year (Cash Flow):201420132012
Gross Revenue:$1,100,000.00$922,138.00$690,000.00
Cost of Goods:$734,078.00$631,734.00$526,909.00
Gross Profit:$365,922.00$290,404.00$163,091.00
Expenses:$334,252.00$314,972.00$264,972.00
Net:$31,670.00($24,568.00)($101,881.00)
Owner Salary:$52,000.00$52,000.00$52,000.00
Benefits:$18,000.00$18,000.00$18,000.00
Interest Expense:$0.00$0.00$0.00
Depreciation:$0.00$0.00$0.00
Other:$0.00$0.00$0.00
Owner Benefit:$101,670.00$45,432.00($31,881.00)

Lease/Month:  $4,300.00 Square Footage:  4200 Terms & Options:  10 plus 5 and 5
Building Type:Free Standing Expiration Date:

 AmtMosRateMo Pmt
Loan/Assumable$0.0000.0000$0.00
Loan/New$0.0000.0000$0.00
Loan/Other$175,000.00727.2000$3,001.00

The seller provides all data and financial information on this business for informational purposes only. The broker does not warrant the above information and advises the buyer to seek professional advice when purchasing a business.
This offering by the seller is subject to change or withdrawal without notice.
06947

John Price, Broker & Associates - 1937 Poinsetta Lane, Suite 100, Maitland, Florida, 32751  - Copyright © 2013