American Restaurants, Other Restaurants & Food
Active
Award-Winning Neighborhood BBQ Restaurant – $835K Avg. Sales
Los Angeles County, California, United States
Asking Price$299,888
Revenue$835,000
EBITDA-
Cash Flow$137,000
Description
This well-established neighborhood BBQ restaurant has served its community for over 20 years and has been voted the area’s #1 BBQ restaurant for nine consecutive years. Located in a freestanding building on a busy corner, the restaurant benefits from excellent visibility and low rent.
The restaurant offers an attractive quality of life for an owner-operator. It serves lunch and dinner only, closes by approximately 7:00–8:00 p.m., operates just five days per week, and closes for most major holidays. Altogether, the restaurant is closed nearly one-third of the year while still producing impressive sales and profitability.
Over the past three years, the business has averaged approximately:
Annual sales: $835,000
Seller’s Discretionary Earnings: $137,000
Excellent books and records are available, and the business has been SBA prequalified, making this an attractive opportunity for a qualified buyer.
The restaurant features a comfortable dining room with seating for approximately 40 guests, along with a beer and wine license. The fully equipped kitchen includes commercial smoker, a walk-in cooler, commercial hood, flat-top grill, and the equipment needed to continue operating the current concept.
This is an ideal family business or owner-operator opportunity with a strong reputation, loyal customer base, established sales, and documented cash flow. A new owner could build upon this excellent foundation by expanding to seven days per week, increasing catering, promoting takeout and delivery, extending operating hours, and strengthening local marketing.
After over two decades in business, the owner is ready to retire and transition this successful restaurant to its next operator.
Highlights
Established in 2003
Voted #1 BBQ for nine consecutive years
Three-year average sales of approximately $835,000
Three-year average SDE of approximately $137,000
Freestanding building on a busy corner
Low rent
Beer and wine license
Fully equipped kitchen with smokers and walk-in cooler
Seating for approximately 40
Open only five days per week
Lunch and dinner hours—no late nights
Closed most major holidays
Excellent books and records
Significant opportunity to expand hours, catering, takeout, and delivery
Seller is retiring
Interested buyers will be required to sign a confidentiality agreement and provide proof of financial qualifications before receiving additional information.
Real Estate
Rent is $4,000 per month
Building Size: 2000 sq. ft.Reason Selling
Retirement
Growth Opportunities
Currently closed about 1/3 of the year by choice.
Financing Options
Seller financing is available.TBD - For experience operator
Business listed by
1800-Biz-Broker