For Sale and Seller Financing

Iconic BBQ Restaurant

Business Category: Catering, Other Eating & Drinking Places, Restaurants, Service Businesses
Location: Michigan

Listing Price:

$300,000


Revenue: $801,738
Cash Flow: $147,702

Real Estate Available: For sale or for lease
Reason For Sale: Owner relocating
Number of Employees: 6

A legendary mainstay in an urban southeastern Michigan setting, this Iconic BBQ Restaurant is a rare opportunity to acquire a piece of local history.

The Company offers old-school, carry-out BBQ, with a minimalist menu and proprietary, secret recipes.

Known for both their meat and seafood, customers are known to drive 75 miles and more just to pick up the Company’s BBQ items.

Newly-offered catering services offer an excellent opportunity for a buyer to pursue revenue growth.

In addition to its high profitability, this Iconic BBQ Restaurant runs efficiently, and with the Owner working minimal hours.

Opportunities for Growth

(1) Add third-party delivery services
(2) Marketing and Operational: more advertising to the university and suburbs would help acquire more customers; adjust operating hours.
(3) Expand or franchise: a buyer may choose to capitalize on the legendary status and reputation of the establishment by franchising the brand.

Investment Highlights

(1) Legendary status: customers are known to drive 75 miles and more just to pick up BBQ items.
(2) Low Overhead and Easy to run
(3) Part-time Owner Involvement—Owner typically works 10-15 hours per week.

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