Seller's Contact Information
- RE: Metro Atlanta GA Shane’s Rib Shack Franchise QSR
- Contact: Steve Josovitz
- License #: 164878
Quick Facts
| Asking Price: | $1,499,000 | |
| Annual Revenue: | $1,100,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $50,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2010 | |
| Employees: | 20 | |
| BBN Listing #: | 62529193 | |
| Broker Reference #: | 5053 |
Business Overview:
Metro Atlanta GA Shane’s Rib Shack Franchise QSR Restaurant for Sale w/Real Estate & Building – Same Owner 12-Years – Profitable
Metro Atlanta GA Shane’s Rib Shack Franchise BBQ Quick Service Restaurant for Sale.
Shane’s Rib Shack is an American fast casual BBQ franchise, serving slow-cooked baby back ribs, hand-chopped chicken and pork, and Southern-style side dishes. They are located in ten states, with most of their restaurants located in the state of Georgia.
Sale includes Business, Real Estate & Building.
Same Owner 10-Years.
Hi-Traffic location is adjacent to nationally anchored shopping centers.
Freestanding.
3,100/SF.
.60 Acre Parcel.
100-Seats.
Outdoor Seating for 20.
Parking for 70.
2021 Gross Sales $1,100,000 approximately.
2021 Net Profit $50,000 after paying all expenses.
2022 Gross Sales $85,000 monthly approximately.
2022 Net Profit of $10,000 monthly after paying all expenses.
Local Training.
A full staff of 20.
Management includes General Manager, Kitchen Manager, and 2-Keyholders.
The owner spends 30 hours overseeing the operation.
Assets include 3-Southern Pride Smokers.
Retirement forces sale.
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Property Features and Assets:
Sale includes Business, Real Estate & Building. Hi-Traffic location is adjacent to nationally anchored shopping centers. Freestanding 3,100/SF. .60 Acre Parcel. 100-Seats. Outdoor Seating for 20. Parking for 70. Assets include 3-Southern Pride Smokers.
Market Competition and Expansion:
Ask broker for details.
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- 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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