Great BBQ Restaurant In Rutherford County For Sale
Rutherford CO, TN
Asking Price: 90000
Cash Flow: 101000
Gross Revenue: 550000
Cash flow indicated is owner operated cash flow. Currently run absentee with a GM in position. COVID survivor: Terrific opportunity to own a profitable BBQ franchise with great support, for less than 1/3 of the cost of starting a new one. * In a fast-growing Middle Tennessee city • Great franchise support— franchisee friendly management team (good people who are all about supporting the franchisee family) access to executive management team at all times • Quality smoked meats and sides in the restaurants • 7 different revenue streams – dine in, take out, drive thru, retail, 2 catering services, 3 outside delivery history BBQ chains and stores. Services, holiday meals Reason for selling: owner-absentee seller has owned the store since January 2019, is divesting restaurants (in his portfolio) more than 3 hours drive from his home in KY because of the logistic challenges of maintaining operations and personnel from that distance. History & competition: The only store of this franchise in town, in a great location, on the major artery into town from the interstate highway, close to the busiest intersection. There are three other BBQ restaurants of varying degrees of service and popularity within a three miles radius- the community has more than enough traffic to support. Opportunities include: adding beer and/or alcohol, expanding social media marketing to promote special events, and market to the business lunch crowd. The restaurant is very family-friendly, and has a strong family. Employees: general manager plus 4 other full-time employees and 4 part time employees (servers, kitchen staff, bussers). The restaurant has been operated owner-absentee since the new owner acquired in January 2019.
This listing was added 10/15/2019