Listing Number: 7101-432000
Description
Don’t miss your chance to own this amazing BBQ restaurant in the very popular & fast-growing Ponte Vedra Beach area. This was intended to be a “bolt-on” to the Sellers very established westside BBQ location when they purchased it in May of 2022. After an extensive remodel, rebranding and significant investments in equipment and leasehold improvements, the Sellers have decided to sell due to time constraints. The restaurant is fully staffed and running well but the “reboot” has not fully realized the cost of the injected investment so to keep it simple and stimulate a fast sell, this is listed as a Pure Asset Sale with tremendous potential for a fulltime owner operator. Note that Seller financing is for a qualified Buyer and the figures shown are for 2021, the full year before the new ownership. Great location + Great staff + Newly remodeled well-known brand + Growing sales + Generous Seller Financing = This won’t last long so email me today for an NDA!
Listing Details
- Price: $ 75,000
- Down Payment: $25,000
- Sellers Discretionary Earnings: $ 98,602
- Total Sales: $ 934,648
- Location: St. Johns County, Florida
- Inventory: $ 5,000
- FF&E: $ 274,000
- Employees: 17
- Year Established: 2018
- Reason for Selling: Other Business Interests
- Category: Restaurants
