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  • RE:  Earn Over $100,000 Shane's Rib Shack Franchise For Sale In ATL Mkt.
  • Contact:  Robin Gagnon

Quick Facts

Asking Price: $320,000
Annual Revenue: $1,160,651
Net Profit: Not Disclosed
Cash Flow: $86,137
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 14
BBN Listing #: 983872
Broker Reference #: 15235

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Business Overview:

Buying an Existing Franchise is a fast path to earnings when you have a Shane's Rib Shack Franchise for Sale producing sales like this one! Net sales of $1.1 Million produced earnings of $107,000 for an owner/operator of this store. SBA Lending available on these six figure earnings.
This Shane's Rib Shack Franchise for Sale is completely outfitted with everything necessary, including stoves, coolers, smallwares, franchise branding, and BBQ smokers. What's more, it offers the peace of mind of generating profit from day one. The Restaurant Brokers at We Sell Restaurants love the opportunity presented by existing locations like this one with six figure earnings and high sales. Earn over $100,000 Shane's Rib Shack Franchise for Sale in the Atlanta Market. This will qualify for SBA lending with our lending resources and approval will come faster than you think! That means you only need to bring 20 percent to the table and the rest will be spread over a ten-year term. The reasons for buying a Shane's Rib Shack Franchise for Sale include not only the security of existing cash flow but also a location that's already producing results. This 3150, square foot store has a track record in this location. The lease on profitable location is $8550 per month which includes both the base rent and CAMS, taxes and insurance charged by the landlord. The lease is valid until Expires 2025 and has two five-year options to renew. Purchasing a Shane's Rib Shack Franchise for Sale like this one means you get the support and training of the major brand. This includes training directly from the brand itself along with ongoing support by their Franchise Business Consultants. Training is included in the $ 15,000 transfer fee charged by the brand and also covers the remaining term of the existing franchise along with all options to renew.The use of their trademark, processes and systems are part of the success of this Shane's Rib Shack Franchise for Sale. Royalties are 5% and are charged on sales. The marketing to promote this brand across the country is 2 percent of sales. This Shane's Rib Shack Franchise for Sale is a household name which is why this business delivers $ 107,000 in earnings and over $1.1 million in sales. Ready to operate this Shane's Rib Shack Franchise for Sale? Contact We Sell Restaurants to draft a purchase agreement today!
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Property Features and Assets:

Hood in Place
Grease Trap in Place
3 Fryers
6 burner stove
flat top
grill
3 compartment sink
smallwares
misc shelving
prep tables
sheet pan racks
scale
bbq smoker
convention oven
walk in cooler
walk in freezer
reach in freezer
under counter cooler
other refrigeration
ice machine
sandwich prep cooler
pizza cooler

Market Competition and Expansion:

Well Established profitable location with over$1 Million in Sales

Reason for Selling:

Other

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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