BBQ Restaurant Franchise for sale in the Kingsland, Georgia area for $589,000! Pre-approved for SBA financing with an estimated $57,000 down! Established business opportunity, currently grossing an estimated $898,636 and net $235,474. Income based on an owner/operator role. Restaurant is located off of a busy highway within a popular plaza near a barber shop, retail stores, a church, car dealership, and other restaurants. Seating is provided for 79 inside and 24 outside. This restaurant offers an extensive menu of BBQ meats, burgers, sides, and salads serving lunch and dinner for dine-in or take-out. Catering service is also currently being offered. Includes all kitchen equipment and restaurant fixtures estimated at $206,000. Turnkey business with a loyal customer base and positive online reviews. Huge growth opportunity! Some financing available for buyers who qualify for a revolving credit line through our third party source. Apply Here
Frequently Asked Questions:
What is the current gross revenue for this restaurant?
The current gross revenue being generated is estimated at $898,636.
How does the restaurant profit?
Current profits are generated from the gross revenue, minus food purchases, payroll, supplies, and operating expenses. This will determine your net/cash flow.
Can I finance this restaurant?
Yes, this business has been pre-approved for financing of up to $532,000 (amount needed down is variable depending on buyer’s liquidity and credit score). Buyer must also meet the minimum SBA requirements for lending to include: a minimum credit score of 680 and relevant experience in the restaurant industry, or some type of previous management experience from another industry. View SBA loans or more Financing Options Here.
What are my expenses and overhead for a restaurant business?
Expenses will vary for each restaurant owner depending on the type of restaurant, number of employees, and location. Current expenses for this owner include: payroll, payroll taxes, workers compensation, advertising, supplies, food, utilities, property rental fees, permits and licenses, phone, and insurance.
What type of insurance do I need?
In most cases restaurant owners will need a minimum of the following insurance policies: business liability, worker’s compensation and business property insurance. Restaurants For Sale now offers discounts on insurance! Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Request Your Free Insurance Quote Here.
Is the restaurant property owned or leased?
Currently the owner leases the property. New owner must be approved by the landlords. Note: New buyer will negotiate and sign lease terms with the property owner.
Where is the restaurant located?
Located in the Kingsland, Georgia area. Physical address will be released to qualified buyers upon execution of an NDA.
What type of equipment is included with the sale?
Current list of equipment includes: oven, 6-burner range, fryers, freezers, refrigerators, 2-drawer warmer, smokers, ice machines, prep tables, microwave, shelving units, 3-keg beer unit, pots and pans, kitchen utensils, silverware, plates, dishes, various small wares, restaurant furniture and decorations, televisions, computer, POS system and much more! Estimated value is $206,000.
What size and how many customers can this restaurant seat?
Restaurant is 2100 sq. ft. and seats 79 inside and 24 outside.
Does this restaurant currently have a beer or liquor license?
Yes, there is a beer and liquor license included with this sale.
Does the restaurant offer drive-thru or delivery service?
There is no drive-thru but a catering service is offered. Delivery service is also currently offered through Door Dash and Food Frogger.
How long has the seller owned the restaurant?
Seller has owned this restaurant for 7 years.
Why is the owner selling?
Seller is retiring.
What are the hours of operation?
This restaurant is operated from 10am to 9pm Monday – Saturday and 11am to 8pm Sunday.
What type of neighboring business are in the area?
Neighboring properties are a mix of restaurants and retail stores.
What do you recommend when purchasing a business?
When purchasing this type of business we recommend forming some type of entity such as an LLC or Corporation to do business under. This not only offer protection for your personal assets, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What else should I know?
Established BBQ Restaurant Franchise! Turnkey and move in ready. Restaurant has a loyal customer base and positive online reviews. Includes the cost of all equipment. Plenty of opportunity to increase revenue. Priced at $589,000. For additional information and to evaluate this business further Contact Us About This Restaurant Here!
Disclaimer: Restaurants For Sale is a Restaurant Broker that brings buyers and sellers together. Restaurants For Sale does not represent, or is not affiliated with the company or franchise being offered. All agreements are made between the buyer and seller and not Restaurants For Sale. It is the prospective Buyer’s duty and obligation to verify the accuracy of the Seller’s representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on the efforts of the current owner. As with any business you can make more or less.