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BAR-B-Q RESTAURANT IN JOHNSON COUNTY, KS

BAR-B-Q RESTAURANT IN JOHNSON COUNTY, KANSAS
JOHNSON COUNTY, KANSAS
Asking Price:Gross Sales:        Cash Flow
$590,000               $1,150,000       $200,000
Furniture and Fixtures Value:                               Inventory Value:
+/-$80,000 (included In the asking price)             +/- $10,000 (not included in the asking price)

Business Summary:

This restaurant was founded over 20 years ago and is still known to “wow” the customer every time they visit. They have a signature series slow cooked hickory smoked meat and barbecue sauces, which allow this restaurant to enjoy, continue repeat business. This restaurant has a Kansas City home town feel, Kansas City being a city that is known for having great barbecue. This is a place where you can dine in and feel right at home. Catering is also an option for a customer, this company is utilizes a catering van, equipped with signage, that can serve more than 1000 hungry people. This fine dinning establishment also has a bar and lounge area for waiting customers. The restaurant is open 7 days a week, The restaurant employs +/- 15 people, working varies shifts. The restaurant has a site manager running the restaurant doing varies jobs like ordering of products,  hiring of employees, scheduling and coaching of  the employees, which allows the owner to operate with a very flexible schedule. The restaurant is housed in a +/- 7000 square foot building and can seat up to 250 people. A lease would have to be negotiated with the new owner and the Landlord. The value of the equipment is at about +/- $80,000, and the price does not include: cash and cash equivalents, accounts receivables and non-operating assets. All existing liabilities, at closing shall be satisfied by Seller.