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FAMILY BBQ RESTAURANT IN TOURIST AREA

Seller: Attn: Barry Ebert
Location: Brevard County, FL, USA
Listing Number: "GIN200"


Asking Price: $369,000 USD USA Dollars
Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: To enter an unrelated business
Year Established: 1989
Number of Employees: 8-12
Yearly Revenue: $1,106,000
Yearly Cash Flow: $98,000
Yearly EBITDA: $98,000
Yearly Net Profit: $98,000
Yearly Gross Income: $1,106,000

Overview of the Business:

This is a very popular, mainstay barbecue restaurant with both a strong repeat local clientele and tourist trade. Located in a beachside resort town not far from Florida's busy Port Canaveral, the eatery is known for its great home style menu, friendly service, and moderate pricing. Sales have grown steadily over the past five years. It is a popular venue for catering's and parties, and enjoys a steady stream of referrals from area hotels. Both lunch and dinner businesses are strong. There is a well-trained kitchen and front staff in place, making this a great turnkey opportunity for a new hands-on operating manager. The current owner works a five day week. This is the first time the business has been offered for sale.


Property Features and Assets:

This is a 5,000 square feet facility with a very large, well-equipped kitchen. Seats 176. Lease in place. Landlord will extend current term or grant options. Current rent is $5,948, including all taxes and other charges.


Market Competition and Expansion:

Extremely well located in its marketplace. Could place more emphasis on its growing catering business.


Additional Details:


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