Listing Number: 30081-786066
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!
- 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