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Well-Established Bbq Restaurant In Henrico For Sale

Henrico County, Virginia, US
Asking Price:
$65,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$465,000
Cash Flow:
$1,000

Recently rebranded, this quick-service barbeque restaurant has carved out a niche as the go-to or lunch spot destination, and the catering part of the business has started to take off. Boasting a prime location with high foot traffic, the restaurant has become a cherished fixture in the community. From families seeking a hearty meal to veterans enjoying casual lunches on Friday, our diverse clientele base ensures steady footfall and consistent revenue.

Features:

Prime Location: Situated in a bustling neighborhood with excellent visibility and accessibility, our restaurant enjoys maximum exposure to potential customers.
Time-Tested Reputation: With over 15 years of operation, it has cultivated a sterling reputation for great barbecue and unparalleled customer service. Our loyal patrons return time and again, and word-of-mouth referrals continue to drive new business.
Experienced Staff: Our dedicated team is the backbone of our success. Their extensive experience, ensures seamless operations and a consistently exceptional dining experience.
Fully-Equipped Kitchen: Appliances and facilities, our kitchen is optimized for efficiency and productivity.
The space is ready for updates!
Expansion Potential: With ample space for growth and development, there's tremendous potential to expand our offerings, introduce new menu items, or even explore additional catering and events services.

Opportunities for Growth:
Menu Diversification: While our signature barbecue dishes are beloved by patrons, there's room to expand our menu with vegetarian/vegan options, creative sides, and seasonal specials to appeal to a broader audience.
Catering and Events: Capitalize on the booming demand for catering services by offering customizable menus for weddings, corporate events, and private parties. Our established brand and reputation make us an attractive choice for clients seeking exceptional food and service.
Online Presence: Enhance our digital presence through strategic marketing initiatives, social media engagement, and online ordering platforms. Leveraging technology can help us reach new customers, streamline operations, and boost revenue.
Community Engagement: Deepen our ties with the local community through partnerships, sponsorships, and participation in neighborhood events. By actively engaging with residents and businesses, we can strengthen brand loyalty and foster long-term relationships.
Sale Details:
This business is perfect for the owner/operator to make decent money while working in the business.

Comprehensive training and transition support will be provided to ensure a smooth handover and continued success.

Don't miss this rare opportunity to own a thriving barbecue restaurant with a rich history, loyal customer base, and limitless potential for growth. Contact us today to learn more and take the first step toward fulfilling your dreams!

Property Information

Real Estate:

Lease

Lease Terms:

Attached in Docs

Leasehold Rent:

$2,831 per annum

Location:

Prime Location: Situated in a bustling neighborhood with excellent visibility and accessibility, our restaurant enjoys maximum exposure to potential customers.
Time-Tested Reputation: With over 15 years of operation, it has cultivated a sterling reputation for great barbecue and unparalleled customer service. Our loyal patrons return time and again, and word-of-mouth referrals continue to drive new business.
Experienced Staff: Our dedicated team is the backbone of our success. Their extensive experience, ensures seamless operations and a consistently exceptional dining experience.
Fully-Equipped Kitchen: Appliances and facilities, our kitchen is optimized for efficiency and productivity.
The space is ready for updates!
Expansion Potential: With ample space for growth and development, there's tremendous potential to expand our offerings, introduce new menu items, or even explore additional catering and events services.

Premises Details:

Two units in small shopping center

Business Operation

Expansion Potential:

Could definitely turn into a franchisable model

Competition / Market:

Other local restaurants

Reasons for selling:

To put it bluntly, I have no restaurant experience and thought it would be a fun venture for me to take on. It turned out to be a lot more than I can handle with my other businesses flourishing, this one was left on the side burner. This restaurant is a great opportunity for someone with restaurant experience to take over and overhaul operations. Currently the business rides the line between profitability and losing money each month. This is mostly due to my lack of attention to the business, correct staffing knowledge, and general restaurant experience.

Trading hours:

Monday - Saturday 11-8.

Employees:
7
Years established:
15+

Other Information

Support & training:

Can offer one week training, but current employees would be better of training than myself.

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price
Website:
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Related Documents: