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Business For Sale
SHANE'S RIB SHACK FOR SALE
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Asking Price: |
$235,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Other business interests. |
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Year Established:
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2000 |
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# of Employees:
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12 |
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Yearly Revenues:
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$600,000 |
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Yearly Net Profit:
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$90,000 |
Business for Sale Overview:
Gorgeous build out plus drive thru window in prime corner location has plenty of room to order and create the signature BBQ recipes originally created by Shane. This national franchise concept is a proven winner. Catering BBQ for groups is a great addition to the sales line and this store has been aggressive in securing relationships and contacts to grow the catering business. Excellent location. This store is built right in the middle of strong growth in business and residential addresses. Drive thru is a winner for moms ready to take home dinner to the family. Very good lease in place for five years is around $6,000 with CAMS this year with minimal increases each year. Original cost to build out and purchase franchise is much more than this asking price. Pick it up for a great price & start generating a return today! PRICE: $235,000.
Property Features and Assets:
This store is profitable. Sales of more than $600,000 delivered a strong profit to the owner last year that can only be improved with an owner/operator on site. Owner's main business is not restaurant related and he currently runs this absentee.
Market Competition and Expansion:
"It's Gonna Get Messy" is the marketing claim for this Raving Brands chain. Get your hands on some BBQ today by picking up this restaurant built by a smart operator in a great location with a first class build out!
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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