Best BBQ Deal in Mississippi

Description

BBQ restaurant for sale in Meridian, Mississippi with more than 25 years of operating history. The business continues to serve an established mix of longtime local customers and newer guests.

Financials

• Annual gross revenue: approximately $1,000,000
• Asking price: $175,000
• Monthly lease: approximately $4,950

The seller reports that annual revenue has remained around the $1 million level over multiple years. Buyers should review tax returns, POS reports and current-year results to confirm sales and determine actual operating cash flow.

Business profile

• More than 25 years in operation
• BBQ restaurant concept
• Existing customer base
• Experienced staff in place
• Operating location with an existing lease

Staff

Employees have reportedly remained with the business for an average of more than five years, providing continuity in kitchen and customer-service operations.

Buyers should confirm individual compensation, responsibilities, tenure and plans to remain after a change of ownership.

Customer base

The restaurant has served the Meridian market for more than two decades and receives repeat business from customers familiar with the concept, menu and location.

Growth

• Increase catering and large orders
• Expand local digital marketing
• Develop corporate and group accounts
• Increase online ordering and delivery
• Review operating hours and unused service periods

Due diligence

Buyers should verify historical sales, profitability, food and labor costs, lease terms, equipment ownership, employee arrangements, vendor accounts and any outstanding customer deposits or obligations before closing.

The lease should be reviewed for its remaining term, renewal options, scheduled increases and landlord approval requirements for assignment.