For Sale
$850,000

000 In Profits Lawrence, KS 66046

Profitable BBQ Restaurant, Established Business

Overview

Added:
Dec 11, 2024
Days on market:
131
This thriving Kansas City BBQ restaurant presents a unique investment opportunity. Established in 2004, this well-regarded eatery boasts a loyal customer base and consistent growth, evidenced by annual sales increases (excluding the pandemic year). The current owner is retiring, offering a turnkey operation with a strong reputation (4.5-star Google rating). Generating $1,950,499 in sales and $337,921 in profit, this business operates within a 4,000 square foot space, featuring a full bar with a liquor license. The lease, expiring December 31, 2027, offers a four-year term and a monthly rent of $6,641. The sale includes a comprehensive inventory of equipment, such as a six-burner gas stovetop, charbroiler, multiple refrigerators and freezers, fryers, a Southern Pride smoker, Hobart mixer and slicer, and more. The restaurant's success is further enhanced by a robust catering business, contributing significantly to its profitability. This is an asset sale, and SBA lending may be available for qualified buyers. The business employs 28 people and has indoor seating for 198 patrons. This is a rare chance to acquire a profitable, established restaurant with significant growth potential. The location is undisclosed for confidentiality reasons.

Highlights

  • Monthly rent: $6,640.94
  • Seating capacity: 198
  • Building size: 4,000 square feet
  • Hood system: Yes
  • Established BBQ restaurant with $1,950,499 in gross revenue and $337,921 in profit.
  • Full bar with liquor license.

Property Details for 000 In Profits

Property type
Retail properties, Restaurants
Square Feet
4,000 SF
Year Built
2004

Location Insight

City
Lawrence
County
Douglas
State
Kansas
Latitude
38.9027081
Longitude
-95.2162283
000 In Profits, Lawrence, Kansas

FAQs

What type of property is this?
Retail property - Profitable BBQ Restaurant, Established Business
Where is the retail property located?
The property is located at 000 In Profits Lawrence, KS.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Monthly rent: $6,640.94; Seating capacity: 198; Building size: 4,000 square feet
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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000 In Profits
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