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BUSINESS FOR SALE - PROFILE #  42520032

NC BBQ Restaurant
North Carolina

Asking Price: $200,000   Down Payment: $200,000  
Gross Revenue: $248,482   Adj. Cash Flow*: $132,363  
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Executive Summary
The current owners have established a go to mainstay in the greater Charlotte market when this restaurant was started in 1997. Authentic NC BBQ restaurants develop their own unique character. The restaurant currently serves pork BBQ cooked in the NC style of slow at low temperature and offer a variety of their own Eastern NC and Western NC sauces.  Their menu includes fried chicken, burgers, salads, Brunswick Stew, traditional side items, and dessert.  In addition to the restaurant, the business has developed and offers a high volume catering service. Over the years they have fostered a large loyal following in the business community, churches, schools and other large entities that brings them back on a continual basis to cater their events. Their reputation through great service and word of mouth has made the restaurant and catering business very popular in the community. Expansion opportunities are bona fide and significant.  The real estate is available for sale, in a separate transaction. The value of the real estate is $450,000.

Acquisition Highlights

  • 8am - 230 pm Monday - Friday Great opportunity to expand hours.
  • The restaurant consists of the main walk in order and dining area and kitchen with a separate smokehouse and storage area. It is close to the I-85 Interstate with plenty of parking. The owners own the property and desire sale of the property as part of the transaction. The business is well positioned with quality fixtures/equipment necessary for the current and future growth of the business. A minimal investment may be needed for additional fixtures/equipment based on new owner preferences. Additionally, the space could use some expansion to allow for an increase in dining service. All existing store fixtures, POS, computers, furniture, etc. will be included in the sale.
  • The current owners have established a go to mainstay in the greater Charlotte market when this restaurant was started in 1997. At this stage in their lives, they are ready to retire.
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1997 Inventory:
Employees: 2 FT, 3 PT Furniture, Fixtures & Equipment:
Real Estate:
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Adam Petricoff
Phone:  (704) 360-8898
Fax:  (704) 272-4477
E-mail:  apetricoff@vrcharlotte.com
VR Business Brokers - Charlotte, NC
9301 Monroe Rd.
Suite L
Charlotte, NC 28270
www.vrcharlotte.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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