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Businesses for Sale: Listing Details

 
BREVARD FAMILY STYLE BBQ RESTAURANT
Seller: Attn: Dale Armor, CBI
Location: Brevard County, FL, USA
Listing Number: "17006059"


Asking Price: $$399,000 USD USA Dollars
Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Multi unit owner wants to downsize and retire
Year Established: 2004
Number of Employees: 10 Full Time / 10 Part Time
Yearly Cash Flow: $$129,171
Yearly Gross Income: $$1,053,266

Overview:
Absentee owner just reduced the price on this profitable and popular 166 seat family style BBQ restaurant with a C20P beer/wine license. BBQ has been established for 5 years. The dining experience is set in the tradition of the South's great hometown BBQ shacks but with significantly better ambiance. Buyer must qualify with Franchise and pay $7500 transfer fee. Lower than average royalties are just 3% with an additional 1% for advertising. Manager's salary has been added back for owner operator.

Property Features and Assets:
Lease per Month: $9,000. Square Footage: 4,067. Building Type: Stand Alone. Terms & Options: Negotiable. Expiration Date: 1/31/2010. Furniture and Fixtures Value: $97,000 (included in the asking price) Inventory Value: $6,500 (not included in the asking price)

Additional Details:

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