Closed Deal: BBQ Restaurant

October 15, 2020

  International Business Exchange (IBEX) announces the sale of Ralph’s Pink Flaming BBQ, an Arkansas based BBQ Restaurant on July 31st, 2020. IBEX served as the exclusive merger and acquisition advisor throughout the deal.

 

Founded in 2008, this BBQ restaurant has won over 150 BBQ awards including a first place finish in the world's largest BBQ cook-off as well best of city for 11 years running. Owner was a banker who loved barbecue and decided to start cooking in some local BBQ contests. His success in those contests encouraged him start traveling the BBQ contest circuit where he continued to win awards. He ultimately decided to focus full time on BBQ.


The buyer, a third generation restaurateur is expanding his family’s legacy with this acquisition.

 

The IBEX team of Charles Harvey served as advisor throughout the acquisition process. Helping coordinating buyer/seller communications and providing comprehensive due diligence materials. IBEX was involved during the closing process in coordinating documentation and timelines with the buyer, seller, attorneys, lender and other deal professionals.
 

 

Chuck Harvey | President

IBEX Business Exchange | M&A Advisors

512-531-6114- Office Direct

14205 Burnet Road, ste 640

Austin, Texas 78728

 

International Business Exchange (IBEX) is one of the oldest and largest independently run M&A advisories in the US, helping owners and executives transition their businesses or transition ownership since 1979. Our team of five advisors collectively have more than a century of corporate leadership at Fortune 500 and middle market companies. More importantly, IBEX advisors have executed hundreds of transactions as both corporate executives and third party advisers. Our sole job is to see you from listing through close, helping you walk away with top market value for your life’s work. IBEX is belongs to the International Business Brokers Association (IBBA), Merger and Acquisition Source and the Texas Association of Business Brokers (TABB)

 

 

 

 

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