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Established Franchise BBQ Restaurant
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $800000
Net Profit / Cash Flow $160000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2005
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Corporate will train for 3 weeks, and Seller will train buyer additionally for a smooth transition.
Reason for Sale To spend more time with family.
Description Fully established national BBQ franchise restaurant is now available for an acquisition. The restaurant offers great menu that includes slow smoked ham, turkey, beef, sausages, ribs, pork, BBQ sandwiches, various sides and more. Due to its strong products and excellent customer services, the restaurant has continued to grow even in this historically low economy. Annual sales for this location are reaching $800,000 which can be increased with more pro-active marketing that current owner is not undertaking any. This is a great opportunity to acquire an established franchise restaurant and benefit all the strong customer base that has been built for the past 6 years being in the business.
Asking: $475,000
Furniture, Fixtures & Equipment: $65,000 (Included in listed price)
Inventory: $3,000 (Included in listed price)
Financing: 100% cash at Closing or third party lending.
Facilities: The restaurant is occupied in the end cap space of busy retail center located in E. Dallas. Space size is 4,600 SF at a monthly rent of $7,100 that includes NNN. All equipments are immaculately maintained.
Competition: One direct competitor is found over 2 miles away.
Growth And Expansion: The restaurant continues its growth in this recession. More marketing to schools and businesses is absolutely needed to get even more business.
Primary Phone: 972-247-3202 or 866-519-2421
Click Here To Contact Seller
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