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Listed by:

Transworld Business Brokers of North Florida

Newly Remodeled BBQ Restaurant In A Growing Area For Sale

St. Johns County, Florida, US
Asking Price:
$75,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$934,648
Cash Flow:
$98,602

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 Seller's 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 sale, this is listed as a Pure Asset Sale with tremendous potential for a full-time 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 a Newly remodeled well-known brand growing sales + Generous Seller financing This won’t last long so email me today for an NDA! This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With a local presence and global marketing reach, Transworld Business Advisors provides main-street and lower middle-market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale, contact the listing agent.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 11371
Square Footage: 3820
Building Type: Strip Plaza
Terms & Options: 5-years
Expiration Date: 5/1/2027

Location:

St. Johns

Premises Details:

Strip Plaza

Size in square feet:
3,820

Business Operation

Competition / Market:

Miles: 15 Years: 3

Reasons for selling:

Owns another busy Restaurant - Time Constraints

Trading hours:

Mon-Thur 11A-9P;
Fri-Sat 11A-10P;
Sun 11A-8P

Employees:
17
Years established:
5

Other Information

Support & training:

Weeks Training: 6 Cost: $0

Financing available:

Loan/Seller- Amt: 50,000
Mos: 60
Rate: 8.00
Mo Pmt: 1,013.82

Furniture / Fixtures value:
$274,000 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price