For Sale
$275,000

0 Tallahassee Restaurant - Owner Financing At Favorable Terms! Call Now!Tallahassee, FL 32312

Profitable BBQ restaurant, owner financing.

Overview

Added:
Dec 11, 2024
Days on market:
114
This established Tallahassee BBQ franchise is available for purchase, offering a unique opportunity for a new owner. Boasting nearly $1 million in annual sales and approximately $100,000 in net profit in 2023, this turnkey operation is a proven money-maker. The restaurant, located in a high-traffic area with excellent visibility, has been voted "Best BBQ in Tallahassee" for four consecutive years. The 2,497 square foot space features indoor seating for 76 guests and a fully equipped kitchen, including a smoker, fryers, and walk-in cooler. All equipment and furnishings are included in the sale price of $275,000. The current lease extends to December 30, 2026, with options for an additional 20 years, at a monthly rent of $9,287.49. The seller is offering favorable owner financing terms requiring 25% down. The business includes a thriving catering operation with a substantial client base and currently utilizes no third-party delivery services, presenting significant growth potential. Fourteen employees, including five full-time and nine part-time staff, are currently in place. Twelve weeks of training from the franchisor are included in the purchase price, along with a one-time transfer fee of $12,000. This is a rare opportunity to acquire a highly successful, established business with significant earning potential and long-term lease security.

Highlights

  • Leasehold interest expiring 2026 with 20-year option.
  • Monthly rent: $9,287.49.
  • Seating capacity: 76.
  • 2,497 square feet.
  • Equipped with a hood system.
  • $100,000+ owner benefit.

Property Details for 0 Tallahassee Restaurant - Owner Financing At Favorable Terms! Call Now!

Property type
Retail properties, Restaurants
Square Feet
2,497 SF
Year Built
2017

Location Insight

City
Tallahassee
County
Leon
State
Florida
Latitude
30.6301452
Longitude
-84.2278796
Tallahassee Restaurant - Owner Financing At Favorable Terms! Call Now!, Tallahassee, Florida

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