Owner Financing is Available!
Business Overview:
This is a steal!!!! Seller opened this nationally known BBQ franchise restaurant in Nov 2011. This is the # 1 nationally franchised BBQ restaurant franchise in the USA and the first one in the Northwest. Family issues are forcing the immediate sale at a tremendous loss to Seller. Seller has over $250K invested. Everything is brand new - 2 hoods (one class 1 hood & one class 2 hood), walk in cooler, deep fat fryer, freezers, ice maker, & more. The interior is all done in a western motif and is a spacious 1880 sq ft and seating for 49. There is a 2003 Ford Windstar Van with Wrap for catering & delivery. Seller has not had time to set up catering, delivery, or online ordering. There has been no promotion or advertising. In Nov and Dec the gross sales have been over $55K per month; imagine what they will be with some advertising, promotion, catering, delivery, and online ordering. There is no competition for many miles and this area has the perfect demographics for this business to sky rocket. . The new owner can capitalize on setting up catering, delivery, and online ordering. There is a great long term lease expiring in 2021 with two 5 year options to extend. The Franchise royalty is 5%, Ad fee 4%, and the transfer fee is $10,000. Seller's loss your gain - don’t wait this won't last.
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:
This business has a commanding presence to the major highway from one of the largest most frequented shopping centers in its area. The interior is all done in a western motif and is a spacious 1880 sq ft and seating for 49. Everything is brand new - 2 hoods (one class 1 hood & one class 2 hood), walk in cooler, deep fat fryer, freezers, ice maker, & more. The base rent is $3,290 plus NNN charges of $882 per month. The Lease runs until 9/30/2021 and has two 5 year options to extend the term.
Market Competition and Expansion:
There is no competition for many miles in any direction which makes this BBQ restaurant a destination place for the locals and surrounding towns. This area has the perfect demographics for this business to sky rocket.The new owner can capitalize on setting up catering, delivery, and online ordering. This is the perfect place for the schools, the sports teams; the churches to all have their meeting place. There has been no time to advertise or promote this business and it still is grossing over $55K per month. This is a gold mine for the serious entrepreneur.
Reason for Selling:
The Seller must sell due to family issues.
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.
Resources: