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 Estimate
P/L Statement
P/L Statement
Year (Cash Flow):
2014
2013
2012
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:
Amt
Mos
Rate
Mo Pmt
Loan/Assumable
$0.00
0
0.0000
$0.00
Loan/New
$0.00
0
0.0000
$0.00
Loan/Other
$175,000.00
72
7.2000
$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.
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