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#Business ID: 11000

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Landmark Ribs, Wings & Cajun Things, Nets $ 180K, Asking $ 395,000

Business Location: Pompano Beach, Florida, United States

Asking Price: $ 395,000 Revenue: $ 880,000 Cash Flow: $ 180,000

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

This restaurant has been a landmark business in this area for 27 years with the same owners and most of the same help. The raspberry wings are the best in Florida. Their Cajun menu is second to none. This little place has better food and does more business than most places twice their size. If you would like to own a business that is at the top of their game, this is it. It is fun to watch them during lunch, the crew is a "well oiled machine" that works together smoothly and efficiently. The prices are fair, the service is excellent, and the quality of the food is beyond compare.

Property Details

FF&E:

$ 150,000

Inventory Value:

$ 8,000

Other Business Details

Premise Details:

The location is 2,500 sq. ft., rent is $ 4,000 per month. Lease is to 2014 with a five year option.

Competition:

Location is in the middle of an industrial area and close enough to residential areas that night business is booming.

Expansion Potential:

The menu could be easily upgraded with some higher end foods. This is an operation that could be easily franchised. There are proprietary recipes, excellent name recognition and great reputation in the larger community.

Business Operation Details

Support & Training:

Seller will train for two weeks at no compensation and stay on for a negotiated amount.

Miscellaneous Details

Financing Available:

Yes
Some financing possible to a qualified buyer.

Reason For Selling:

Seller retiring

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