Barbecue Restuarant Market Leader in City/County

Barbecue restaurant was founded in late 2005, and revenue and profits have trended up since inception, except for 2020. In 2023 the revenue will exceed $2.075 million with a 5-year average gross margin of 60.1%. Barbecue Restaurant is the clear market leader in a market area of 70,000 and growing. The barbecue restaurant is double its nearest competitor in revenue.

Barbecue Restaurant prides itself on cooking from scratch and using exclusively hickory, oak, and tender love and care every time. Despite the higher cost of their heat source, the restaurant uses only wood to enhance the taste and honor the tradition of the best Barbecue in the world for their customers.

Barbecue Restaurant serves only traditional barbecue items (pulled pork, chicken, ribs, brisket, smoked ham, and turkey) from a 125-seat, friendly wait staff. Also, barbecue restaurant caters its menu for celebration and business events anywhere within its market area. Their customers have learned that Barbecue restaurant is a special place to take their families to eat a variety of the best barbecued and southern cooking at a low price point.

Other salient points for a buyer:

- The owner, who has 42 years in the barbecuing business, is committed to providing 90 days of working side-by-side training to the Buyer to ensure the business continues to grow.

- The owner has developed procedures to manage food costs while maintaining high-quality barbecued products.

- Recurring revenue from regular customers developed over the last 17 years.

- Excellent Cash Flow: The revenue is relatively evenly spread over twelve months.

- The Real Estate (building & property) is owned by a related party and is offered for sale as an option. If the owner does not want to purchase the real estate, the restaurant owner will enter into a long-term lease with the buyer.

Please reach out and request the 48-page Confidential Information Memorandum. If you enjoy Barbecue, this is your business!