North Georgia's Premier Bbq Experience

www.GlobalBX.com

Listing ID: 700362935

Listing Title: North Georgia's Premier Bbq Experience

Quick Link: http://www.globalbx.com/listing.asp?bId=362935

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: Georgia

Area

City:

Asking Price Range: $500K - $1.0M

Gross Revenues: $592,185

Cash Flow: $193,810

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2013

Number of Employees: 6 - 9

Business Description:
Award Winning GA BBQ Restaurant with Multi revenue Streams. A Fantastic BBQ restaurant with three profitable revenue streams, generating strong six figure annual sales and Sellers Discretionary earnings. The business continued to trend well throughout 2021 with historically high year-end results reporting well above 2019 and 2020. The 2021 financial results provided a 48% increase in NOI and 34% in SDE, year over year. Exceptional records and financials make this an easy decision and transition for a motivated and qualified buyer ready to assume control of this rewarding business. Excellent opportunity for a strategic buyer looking to expand. A stand-alone business location on 1.5 acres located on a major state highway in a fast-emerging area. The owners spent more than $1.5 Million in developing this beautiful location. The restaurant is 1475 square feet, with indoor and outdoor seating. A strong take-out service, as well as a 1520 square foot building for another uniquely successful business entity included in the sale. Also included in the sale is a 2015 Chevy 2500HD Z71 Duramax diesel 4WD truck with a 24FT World Wide concession trailer set up for special event CASH or credit card sales. ALL FF&E, with a current market value exceeding $365K, is in newly used condition and well maintained by the owner who operates this business. Recently awarded Best Small Business in the city in addition to multiple annual Best of County awards. The owner is willing to help train the buyer and make a smooth transition. Seller financing is available for a qualified buyer. Excellent ratings on Yelp, Trip Advisor, Google, and Facebook. Highly recommended by local Airbnb owners to their vacation rental customers.



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