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

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

Year built

2017

Property size

2,497 SF

Property type

Retail properties

Property subtype

Restaurants

Description

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.