Location: South East Michigan
Listing ID: Vic771
A legendary mainstay in southeastern Michigan, this highly profitable and Iconic BBQ Restaurant is a rare opportunity to acquire a piece of local history. Both the business and the real estate are available with this opportunity!
The Company offers old-school, carry-out BBQ, with a minimalist menu and proprietary, secret recipes. Known for both their meat and seafood, customers are known to drive 75 miles and more just to pick up the Company’s BBQ items. Newly-offered catering services offer an excellent opportunity for a buyer to pursue revenue growth.
In addition to its high profitability, this Iconic BBQ Restaurant runs efficiently with the Owner working minimal hours.
Opportunities for Growth
(1) Add third-party delivery services
(2) Marketing and Operational: more advertising to the university and suburbs would help acquire more customers; adjust operating hours.
(3) Expand or franchise: a buyer may choose to capitalize on the legendary status and reputation of the establishment by franchising the brand.
(1) Legendary status: customers are known to drive 75 miles and more just to pick up BBQ items.
(2) Low Overhead and Easy to run
(3) Part-time Owner Involvement—Owner typically works 10-15 hours per week.
Total Sales: $801,000
Cash Flow: $147,000