ATTENTION RESTAURANT OWNERS/INVESTORS

Listing Number: 30081-786066

Description

Have you ever thought about owning a restaurant with 40+ years of history?! Well, this is your opportunity!

This Barbecue restaurant has been a landmark in its community for over 40 years! Talk about longevity!! Grossing over 1 million dollars in 2018, this well-run restaurant generated a cash flow of $250,000!

Specializing in BBQ, a staple of southern cooked foods, this restaurant still does it the old fashioned way....pit cooked with wood! Open for breakfast, lunch and dinner, this icon serves original pit-cooked BBQ, ribs, BBQ chicken, hamburgers, cheeseburgers and a variety of other sandwiches. Along with the meats, the menu offers home-cooked vegetables and desserts.

LOCATION, LOCATION, LOCATION!! The restaurant is based in the BBQ capital of North Carolina - Lexington! Come see why this long-standing establishment has been so successful!

The sale of this business includes the real estate, which is 4,200 sq. ft. Also included, is a separate lot, which is used for additional parking.

Don't miss this once in a lifetime opportunity!

Listing Details

  • Price: $1,125,000
  • Down Payment: $225,000
  • Sellers Discretionary Earnings: $247,041
  • Total Sales: $1,079,356
  • Location: Davidson County, North Carolina

  • Inventory: $0
  • FF&E: $0
  • Employees: 19
  • Year Established: 1972
  • Reason for Selling: Retirement
  • Category: Restaurants
ATTENTION RESTAURANT OWNERS/INVESTORS

Business Listed By:

Hank Alston