Business Overview:
This Barbecue franchise restaurant opened in April 2009 and is already showing significant profits. This is the premier barbecue restaurant franchise in the United States and uses only the highest quality meats, seasoned and smoked slowly. This business is a great fit for an entrepreneur wanting to run his/her own business in a fun, quick serve, casual environment. HOURS OF OPERATION: 11AM to 9PM Everyday(Including Sunday) (Gross Sales and EBITDA are based on the 12 months ending July 31, 2010).
This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The company currently rents approximately 2000 sq ft (@ $5,649/mo) in a modern, new center located in a rapidly growing area in far East El Paso. Lease expires in 2019.
Market Competition and Expansion:
This is the only barbecue franchise operating in that section of town. Current owner and franchise manager believe that the following would significantly benefit the new owner: 1. New owner should consider adding beer and wine to the menu. Current owner has elected not to for religious reasons, but other franchises have significantly added to their sales with beer sales. Current estimates are that total annual sales would increase by at least $100,000. 2. New owner should consider adding breakfast. Again, many other franchisees have been successful by adding breakfast. 3. More marketing, both to consumers and to businesses, would be helpful as a significant number of residents in the area do not know about this business.
Reason for Selling:
Owner has other businesses that take up his time
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.