ATTENTION: RESTAURANT OWNERS, ENTREPRENEURS & INVESTORS!
The Owners of Young’s BBQ Country Buffet Restaurant have been Operating a Successful Income-Producing Business at this Location Since 2004 & are Still Serving a Country Buffet Featuring In-House Smoked BBQ for Lunch Daily ~ Due to Retirement, this Profitable Turnkey Business w/All Restaurant Equipment, Fixtures & Furniture is Selling Regardless of Price to the Highest Bidder on Auction Day!
REAL ESTATE DESCRIPTION: Do Not Miss the Opportunity to Buy One of Monticello’s Most Popular Restaurants, which has been Serving the Community in this Location for Almost 20 Years! ~ The Owners of Young’s BBQ Country Buffet Restaurant have been Operating a Successful Income-Producing Business at this Location Since 2004 & are Still Serving a Country Buffet Featuring In-House Smoked BBQ for Lunch Daily ~ Due to Retirement, this Profitable Turnkey Business w/All Restaurant Equipment, Fixtures & Furniture is Selling Regardless of Price to the Highest Bidder on Auction Day! ~ This 2.4+/- Acre Property, Conveniently Located Less than 1 Mile East of Town Square, Contains the 3,000+/- SF Restaurant Building w/Metal Exterior Walls & Metal Roof w/ 2 HVAC Units ~ Restaurant Consists of a Large Open Carpeted Dining Room w/Drop Ceilings ~ Attached Smoker Room w/Huge Built-in Smoker ~ Tables & Chairs to Seat 120+/- People in its Current Configuration, Buffet Area w/Cold Salad Bar, Hot Food Bar, Bread Warmer & Leased Fountain Drink Station, Men’s & Women’s Public Restrooms, Cashier’s Stand w/POS System & Cash Register, Camera Surveillance System, Spacious Kitchen w/Walk-in Cooler, 2 Chest Type Freezers, Commercial Vent Hood w/Ansul System, Free-Standing Commercial Gas Oven w/ 6-Burner Stove, Commercial Double Gas Oven w/ 6-Burner Stove & Flat Griddle, Commercial Deep Fryers, Commercial Ice Maker, Commercial Meat Slicer, Commercial Food Warmers, Prep Sink, Leased Commercial Dishwasher, Handwashing Sink, Stainless Steel Prep Tables & Storage Racks, Rolling Carts, Commercial Pots & Pans, Utensils & Food Storage Containers, Plates, Glasses & Silverware ~ Everything Needed to Continue Operating as a Restaurant is Included in the Sale! ~ The Detached 950+/- SF Residential Duplex w/New Metal Roof & New Exterior Paint Would Make Great Living Quarters for Employees or an Additional Source of Rental Income w/a Little Interior Remodeling, a 30x40 Ft. Shop Building Provides Excellent On-site Storage or Could be Leased Out ~ Commercial-Lighted Signage & Ample Parking ~ All City Utilities ~ Restaurant is Available for Viewing by Appointment ~ Offers Made Prior to Auction Day are Welcome!
INSPECTION: Restaurant is Available for Viewing by Appointment ~ Contact Agent, Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com ~ Doors Open & Auctioneers will be On-site at the Auction Location at 10:00 a.m. for Registration on Auction Day.
CLOSING COMPANY: Barton & Roper, PLLC ~ Closing Agent: Manda Robinson ~ 106 W. Oakland Street, Monticello, Arkansas 71655 ~ (870) 367-6288.
REAL ESTATE TAXES FOR YEAR 2022: $1,747.52
TERMS: $25,000.00 Cashier’s Check made Payable in Your Name or Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.
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