Business For Sale

BBQ Restaurants - 11 Locations + Franchisor

Austin, TX
Travis County


Asking Price: Annual Revenue:
Not Disclosed $16,160,334

Food & Beverage: Restaurants, Fast Food, Deli


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RE: BBQ Restaurants - 11 Locations + Franchisor Broker: Derik Polay

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $16,160,334
Net Profit: Not Disclosed
Cash Flow: $1,594,465
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 180
BBN Listing #: 229746576
Broker Reference #: Not Disclosed

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Business Overview:

This is a very successful franchise and multi-unit restaurant business headquartered in Austin, Texas, with regional locations in San Antonio. The business was started in 2000 by the founders and has grown to 15 locations focused in the Austin and San Antonio metro areas. With a robust growth pattern, the Franchise may also consider moving into other urban markets in Texas or in other states.

The business works principally on a cash basis and in 2017 had sales of $16,136,062 and SDE of $1,584,465.

The business is poised for growth on multiple levels in the Austin and San Antonio metro areas. San Antonio has had population growth of over 10% along with a rise of median household income. Austin has a projected population growth of over 10% by 2020 making it one of the fastest growing cities in the U.S. Growing brand recognition along with population growth opens the opportunity for new locations.

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Property Features and Assets:

11 quick service locations in Austin and San Antonio.

Market Competition and Expansion:

Through a concerted strategy, the business has focused on delivering results with the local area. This propelled the businesses growth with highly desirable repeat customers. Right now, the business believes there is much untapped opportunity with both corporate stores and franchised stores.

Reason for Selling:

Retirement

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.

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