Catylist ID: #30327121
Profitable SE Michigan Barbecue Joint
Undisclosed Address, Novi, MI
Business Opportunity for Sale
|Catylist Listing ID:||30327121|
|Property Subtypes:||Food and Beverage|
|Building Size (RSF):||See Agent|
|Name of Establishment:||undisclosed|
|Gross Revenue:||$689,000 (Annual)|
|Cash Flow:||$91,000 (Annual)|
Overview / Comments
Since its founding in 2017, the Company has been offering customers a menu full of Texas-style slow-smoked barbeque. The Restaurant has several revenue streams and a large online following that make it a great acquisition opportunity. The Company is turn-key with managers in place who handle much of the Restaurant’s daily operations.
The Restaurant has been able to achieve substantial organic growth since being founded in early 2017. While young, the Company has a growing customer base that continues to revisit due to the Restaurant’s delicious menu options. The Company has significant room for growth as it continues to establish itself in the area.
The owner is seeking to transition the Company to new ownership due to health issues. He is willing to provide assistance to a new owner through a reasonable transition period.
Opportunities For Growth:
(1) Direct Delivery
(2) Community Marketing
(3) Menu Enhancements
(1) Well-Established and Award-Winning Franchise: The Company belongs to a network of franchises that is well-established and known for their excellent quality of food and service.
(2) Convenient Location for Organic Growth: The Company has yet to reach its full potential within its current geographic area, meaning it is primed for organic growth without significant investment needed from a new owner.
(3) Six High-Value Revenue Streams: The Restaurant has six streams of revenue compared to two for the typical restaurant, providing it with a way to serve its customers through dine-in, take-out, catering, and more.
(4) Limited Owner Involvement – Two managers run the day-to-day operations making it so that the present owner does not have to be involved more than general oversight on a part-time basis.
Real Estate Available: For Lease
Reason For Sale:
The owner is other business interests.
Number of Employees: 13
|Value of Inventory Included ($):||$0|
|Value of Furniture, Fixtures, and Equipment ($):||$25,000|
|Real Estate Status:||Leased|
|Value of Real Estate Included ($):||$0|
|Proximity:||1 mile||3 miles||5 miles|
Douglas YntemaSmall Business Deal Advisors / Restaurant Brokers of Michigan CARWM Member
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