Popular & Profitable Downtown BBQ Restaurant & Bar
For Sale
Sale Pending
Business Summary
Attention BBQ lovers!
Attention BBQ enthusiasts! This beloved local institution in the charming upscale downtown community is smokin’ hot and ready for a new owner. For over nine years, they’ve been slayin’ the competition with their award-winning ribs, pulled pork, brisket, and all the fixins. Now’s your chance to grab the reins and continue the BBQ legacy!
Here’s why this opportunity is smokin’:
- Prime location: Nestled in the heart of downtown, this restaurant enjoys a steady stream of hungry customers.
- Proven track record: Nine years of success have built a loyal following and a reputation for top-notch BBQ.
- Award-winning recipes: Their slow-cooked meats and homemade sides have critics and customers raving.
- Turnkey operation: Smokers, grills, furniture, equipment – everything’s ready to go!
- Endless possibilities: Expand the menu, add outdoor seating, open a second location – the sky’s the limit!
If you’re passionate about BBQ and have a dream of owning your own business, this is the opportunity you’ve been waiting for.
Here are some additional details:
- Asking price: Contact Rob Anderson at 616.710.0021
- Reason for selling: New Business Opportunity
- Lease Terms: Assumption of current lease in place $4,000/monthly
- Employees: 10-12
Don’t miss out on your chance to own a piece of this historic history!
Key Business Information
Gross Sales Revenue 2022: $1,429,000/ SDE $250,000
Year Established: 1981
Renovations: Extensive remodeling completed, and further updates continued.
Upgrades Investment: Over $600,000 invested in upgrades.
Employee Wages: Salaries range from $600-$800 for managers; hourly wages for other employees start at minimum wage.
Transition of Personnel: Current employees are willing to transition to new ownership; current owners are committed to supporting and training new owners.
Advertising: Utilizes a multi-channel approach, including local newspapers, the internet, referrals, billboards, radio, television, and social media
Food and Beverage Pricing: Determined based on costs and market competitiveness.
The facility has a long-term lease, and high-traffic location.
Investment Highlights
- Prime location in beautiful higher income downtown area
- Affluent customer base
- Loyal, long-term staff
- Upgraded facilities, upgraded in 2014, with continued upgrades.
- High-Quality Foods & Service
- Owners have consistently reinvested profits back into the business for new equipment and upgrades.
Growth Opportunities
- Venue and Convention Events for corporate parties.
- Increase Marketing.
- Expand Menu
- Expand Hours and open during Lunch.
Support & Training: The owner will assist with the transition for an entire season following the sale.
Reason for Selling: Focus on other business holdings.