Dickey's BBQ - Existing Restaurant

Fort Worth, TX
Tarrant County

Asking Price: Annual Revenue:
$199,000 $600,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Dickey's BBQ - Existing Restaurant Broker: John Harris

Quick Facts

Asking Price: $199,000
Annual Revenue: $600,000
Net Profit: $103,000
Cash Flow: $103,000
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 4
BBN Listing #: 601143628
Broker Reference #: 42060258

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Business Overview:

Dickey’s BBQ is a national chain of BBQ restaurants with more than 500 locations in 44 states. Dickey’s Barbecue Pit still slow smokes all meats on-site just the same way they did in 1941. The menu features beef brisket, pulled pork, St. Louis style ribs, polish sausage, spicy cheddar sausage, smoked turkey, and marinated chicken, with an extensive array of homestyle sides from jalapeño beans to macaroni and cheese. Buttery rolls are served with every meal along with complementary ice cream. And just like always, kids eat free on Sunday.

Dickey’s has multiple revenue streams including Dine-in, Online ordering, Outside Delivery, Holiday meal kits and a robust Catering business. Dickey’s is a long established, well-known brand in Texas in business since 1941. They provide protected franchise territories, strong support in management and marketing, and assist with the most efficient food purchasing in the business.

This excellent location in Mansfield, TX is about six years old. The restaurant enjoyed solid sales and profit growth up until late 2018 when the franchise owner had unrelated personal financial problems and experienced a downtrend. However, the restaurant is rebounding nicely and on the way back to previous revenue levels.

The restaurant is 1800 sq. ft. located in an excellent shopping center in the heart of Mansfield. The is an assumable lease through 2022. Franchise royalty fees are 5% plus 2% national advertising fund and 2% local advertising fund.

This is a rare opportunity to buy a franchise for roughly 50% of the cost of purchasing and opening a new franchised Dickey’s restaurant. The restaurant is currently open for business and just needs a motivated new owner to restore it to its original high volume and profit levels.

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Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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