Profitable Dickey’s Barbecue Pit Franchise

Not Disclosed, MI

Asking Price: Annual Revenue:
$160,000 $738,758

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Profitable Dickey’s Barbecue Pit Franchise Broker: Seller of Business
Owner Financing is Available!
Limited Seller-Financing Available for Qualified Buyers.

Quick Facts

Asking Price: $160,000
Annual Revenue: $738,758
Net Profit: Not Disclosed
Cash Flow: $90,992
Total Debt: Not Disclosed
FF&E: $96,000
Real Estate: $350,000
Year Established: 2013
Employees: 10
BBN Listing #: 596645079
Broker Reference #: 919

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Business Overview:

Profitable Michigan-based Dickey’s Barbecue Pit for Sale!
Dickey’s Barbecue Pit first opened in 1941 and has since grown into the largest barbecue chain in the world. Dickey’s offers seven slow-smoked, Texas-style meats and a variety of savory sides, all served with a touch of southern hospitality. Since 1941, Dickey’s has slow-smoked their meats overnight, every night to ensure its authentic flavor.

The Michigan-based location has successfully carved out its market since its founding in 2013. The owner is not significantly involved in the business and has decided to transition the Company to new ownership. The real estate is owned by a related entity and available for sale or lease. The owner is seeking to transition the Company to new ownership so that he has more time to focus on other business interests. He is willing to provide assistance to a new owner through a reasonable transition period.

Dickey’s Barbecue Pit offers a successful business model, low start-up costs, multiple revenue streams and an expert Home Office support team for franchise owners. Dickey’s also ensures every owner is fully prepared to open their own location by teaching them everything from how to smoke a brisket to how to create the best Pit Crew in a three-week training course, Barbecue University. Franchise owners enjoy the following features at Dickey’s Barbecue Pit:
• 6 Revenue Streams
• 20 years of experience in real estate to support you during site selection
• Operations support
• Marketing support
• Business model provided (no restaurant experience required)
• Comprehensive training program – Barbecue University
• Group purchasing power

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Property Features and Assets:

Owned 3,300 sq. ft. facility available for sale with the business.

Market Competition and Expansion:

Over the years, Dickey’s Barbecue Pit has won awards such as our most recent awards: • Top 500 Franchises 2018 (Entrepreneur) • #1 on Fast Casual Top 100 Movers & Shakers List (Fast Casual 2016) • 2016 Top Franchise (Entrepreneur Franchise 500) • Consumer Picks - 1st Place Specialty Segment (NRN 2014, 2015, 2016) • QSR Best Franchise Deal (2012, 2015) Growth and Expansion Pros and Cons: The Dickey’s restaurant has many opportunities for growth, including adding alcoholic beverages or investing in a drive-through.

Reason for Selling:

Other business interests.

Additional Details:

  • The property is owned.
  • 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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