Dickies BBQ Pit - San Bernardino County
Not Disclosed, CA San Bernardino County
San Bernadino County
Seller's Contact Information
- RE: Dickies BBQ Pit - San Bernardino County
- Contact: James Shin
- License #: DRE#01421813
Quick Facts
| Asking Price: | $250,000 | |
| Annual Revenue: | $900,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $30,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 14 | |
| BBN Listing #: | 42735142 | |
| Broker Reference #: | 144-22057 |
Business Overview:
This Dickey's BBQ franchise business opened for business in 2014. It is located in a fast-growing area close to the freeway entrance. With more than 500 homes currently being built across the street, and another 2,000 homes breaking ground this month, January 2023, traffic and business in this area are expected to grow. A Costco wholesale is also expected to open this year and will be located just across the street. In 2021, this business was sold to the current owner. That year, many upgrades were made to the store to meet Dickey's 'refresh' requirements and to provide a better customer experience. Unfortunately, when the business was purchased, it went from owner-operated to a part-time owner model. The new owner opened two other locations the same year and sales in this location started to decline. Fast-serve restaurants were still recovering from the effects of the pandemic. In 2022, net earnings rose as the cost of goods, and expenses decreased slightly. 2023 is projected to see increased profitability as the new homes are finished and the area becomes busier. The return of a full-time owner-operator will also improve the productivity and profitability of the business. Beer and wine can be added to boost revenue as well. For additional information please contact listing agent James Shin (DRE#01421813.
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Property Features and Assets:
This is a leased location of 2,200 square feet with a Total monthly rent of $10,840. Lease ends 06/2027 with two 5 year options. Seller is active with 3FT and 11PT employees. Hours of operation are 11am-9pm Sunday-Saturday. $30,000 in FF&E included in the asking price.
Reason for Selling:
Moving
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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