Cartersville GA BBQ Restaurant w/Real Estate for Sale – One Owner 52-Years – Profitable w/Billboard Income
Cartersville GA BBQ Restaurant w/Real Estate for Sale – One Owner 52-Years – Profitable w/Billboard Income
#5010 (This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request) Cartersville GA BBQ Restaurant w/Real Estate for Sale. Freestanding 3500/SF. .82 Acre. One-Owner 52-Years. Established in 1971 and relocated to new digs in 1997. Fully equipped kitchen. Large Southern Pride Smoker. Fully Staffed Turnkey. Keep or Convert. Profitable. Billboard generates $1000 monthly with an increase in two years to $1500 monthly. 2021 Gross Sales $802,000. 2021 Net Profit was $30,000 after paying all expenses, P/T Owner and Managers. P/T Owner. Two-Family Members manage the restaurant and earn salaries of $52,000 and $30,000 will need to be replaced but will stay to train the new Owner. 22 P/T Employees. The next-door property with a closed Car Wash sold recently for $1,500,000. Priced at $1,375,000.
Location
Country: | USA |
State or Province: | GA |
City: | Cartersville |
Location Zip or Postal Code: | 30101 |
Listing Information
Service Type: | Sit-Down Table Service |
Title of Listing: | Cartersville GA BBQ Restaurant w/Real Estate for Sale – One Owner 52-Years – Profitable w/Billboard Income |
Year Established: | 1971 |
Number of Locations: | 1 |
Number of Seats: | Less than 50 |
Size: | 3,500, Square Feet |
Number of Employees: | Less than 10 |
Financial Details
Asking Price: | $1,375,000 |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | Under $100,000 |
SDE Range: | $100,000 |
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