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- RE: ATL Shane's Rib Shack Franchise For Sale Earning $155,000 For Owner
- Contact: Not Disclosed
Quick Facts
Asking Price: | $399,000 | |
Annual Revenue: | $1,471,445 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $155,164 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $0 | |
Year Established: | 2006 | |
Employees: | 16 | |
BBN Listing #: | 983870 | |
Broker Reference #: | 15233 |
Business Overview:
Discover an exceptional opportunity with this Shane's Rib Shack Franchise for Sale, boasting impressive sales of $1.4 million and generating substantial earnings of $155,000 for its current owner. SBA lending is readily available for qualified buyers!Purchasing an existing Shane's Rib Shack Franchise for Sale presents numerous advantages. Firstly, the groundwork for permits and the costly build-out has already been completed by the current owner. Secondly, operational history ensures a loyal customer base, providing a consistent revenue stream from day one.This Shane's Rib Shack Franchise for Sale is located in a coveted area of the Atlanta market, this 2,600 square foot space is ideally situated for continued success. The lease, manageable at $15,118 per month, is easy to manage with $1.4 million in annual sales. Secured through 2029 with assignable options, the lease terms offer stability crucial for long-term profitability. We Sell Restaurants can help you navigate the leasing process, so you will be ready to be serving up this mouth watering bbq in no time!Investing in this Shane's Rib Shack Franchise for Sale guarantees comprehensive support from a renowned brand. Extensive training from Franchise Brand training and ongoing guidance from Franchise Business Consultants ensure a smooth transition and sustained operational excellence. A nominal franchise transfer fee of $15,000 covers training and the remainder of the franchise agreement.Operational costs remain competitive, with royalties set at 5 percent of sales and marketing fees at just 2 percent, further enhancing profitability for potential owners. This well-established Shane's Rib Shack Franchise for Sale enjoys nationwide recognition, bolstered by effective brand marketing initiatives.Fully Exquipped! This Shane's Rib Shack Franchise for Sale comes completely turn-key and ready for you to be making money on day one. Oven, Prep Tables, BBQ Smoker, Shelving, Seating, Smallwares, Branding.....it's all included int he purchase price!For entrepreneurs ready to align themselves with a proven winner, purchasing this Shane's Rib Shack Franchise for Sale represents a strategic opportunity. Contact the restaurant brokers today to explore how you can step into this thriving business and capitalize on its remarkable potential within the dynamic Atlanta market.By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Hood in PlaceIn Ground Grease Trap in Place3 Fryers6 burner stoveflat topgrill3 compartment sinksmallwaresmisc shelvingprep tablessheet pan racksscale bbq smokerconvection ovenwalk in coolerwalk in freezerreach in freezerunder counter coolerother refrigerationice machinesandwich prep coolerspizza coolerMarket Competition and Expansion:
Since becoming a franchised restaurant in 2004, Shane?s Rib Shack has grown to become the country?s model fast-casual barbecue conceptReason for Selling:
OtherAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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