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  • RE:  Raleigh $1.2 Million In Sales At This Shane's Rib Shack Franchise For Sale
  • Contact:  Not Disclosed

Quick Facts

Asking Price: $50,000
Annual Revenue: $1,201,888
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: Not Disclosed
BBN Listing #: 983946
Broker Reference #: 14537

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Business Overview:

Priced at just $50,000! This Shane's Rib Shack Franchise for Sale is a remarkable opportunity that promises substantial returns. The store boasts impressive sales figures of $1.2 million, a clear testament to Raleigh's love for this outstanding BBQ franchise. If you have strong credit, there is LENDING AVAILABLE, with approval taking only a few days. This Shane's Rib Shack Franchise for Sale is strategically located in one of the most desirable areas of Raleigh. As the new owner, you will benefit from acquiring an incredible, fully equipped franchise at an unbeatable price. Building a new franchise from scratch could cost hundreds of thousands of dollars, but this established franchise is priced at just $50,000, offering significant savings and value.Have you always dreamed of owning your own franchise but lacked the funds to invest in a startup? Starting a new venture has its challenges, with many uncertainties along the way. Buying an existing business like this Shane's Rib Shack Franchise for Sale eliminates much of that uncertainty. We Sell Restaurants even has lending partners who can assist you in financing this incredible opportunity, making your dream of franchise ownership a reality.With the strong brand recognition of this Shane's Rib Shack Franchise for Sale and a dedicated on-site owner, the potential for growth is immense. Current sales figures are already impressive at $1.2 million, but there's always room for growth and expansion.This Shane's Rib Shack Franchise for Sale operates in a manageable 3,462 square foot space with a monthly rent, including CAMS, taxes, and insurance, of just $10,558. The lease is valid through 2032 and includes an additional option, providing ample time for you to establish and grow your business.Training is provided by Shane's Rib Shack Corporate, ensuring you are well-prepared to manage your new store. A one-time training and transfer fee of $15,000 covers the cost of training. Royalties are set at 5%, and national marketing fees are just 2% of sales, both of which are well within industry standards. This Shane's Rib Shack Franchise for Sale is a fantastic investment with all the right elements for success.By providing your phone number, you agree to receive text notifications from We Sell Restaurants.

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Property Features and Assets:

FREEZER UPRIGHT REACH IN DOUBLE DOOR REFRIG. WORKTOP REACH IN COOLER 2 DOORREFRIG. WORKTOP REACH IN COOLER 2 DOORREFRIGERATED UPRIGHT REACH IN SINGLE DOOR REFRIGERATED UPRIGHT REACH IN SINGLE DOOR WARMING CABINET SS CABINET 2 DOOR HEAT LAMP FRYER GAS 35 50 lb FLR MODELFRYER GAS 35 50 lb FLR MODELFRYER GAS 35 50 lb FLR MODELFRYER FILTER MACHINE PITCO P14HOT PLATE 12inch WIDE OPEN BURNERS 4 EYEFLAT TOP 24inch HEAVYDUTY THEMOSTATIC CONTROLSCHAR BROILER 36inch RADIANT HEAT EQUIP. STAND 30inch X 36inch X 24inchH W CASTERSEQUIP. STAND 30inch X 36inch X 24inchH W CASTERSCONV OVEN DOUBLE SOLID ST CONTOLS W CASTERSSMOKER SOUTHERN PRIDE DH 65 SMOKER SOUTHERN PRIDE SC 300 SMSMOKER SOUTHERN PRIDE SC 200 SMTOASTER BUN GRILL W35 SECOND GEARS STEAM TABLE 4 WELL WITH MANIFOLD DRAINSOVER SHELF 2 TIEREXPO TABLE 36inch X 72inch 18inch REAR OVRSHLFSINK 4 COMPT.16 GA W24inch SQ BWLS W2 24inch 144inch FAUCET FOR WASH SINK W12inch SPOUT & SPRAYERHANDSINK WALL MTD SS HANDSINK WALL MTD SS ICE MACHINE CUBE STYLE 500 lb BOHBIN FICE MACHINE 360 lb STORAGEICE MACHINE CUBLET STYLE 800 lb FOHWALK IN COMBO COOLERFREEZER UNIT W 2 HP MTRS WALK IN COOLER 2 H.P. MOTOR CAMBRO SHELVING IN WIC & WIFHOOD SYSTEM CAPTIVE AIR 25inch6inchWITH FIRE SYSTEMSHELVING DRY STORAGECASTER SETS ON ALL EQUIPMENT AND PREP TABLESSAFE 20 X 20 X 20 CSS B2020S SG1MOP SINK RESIN 42inch X 30inchFAUCET FOR UTILITY SINK T&S B 1110WATER HEATERWATER HEATERREFRIGERATOR PREP TOP STORAGE 44inch (SALAD STATIONWORKTABLE 4 ft.WORKTABLE 3 ft.WORKTABLE 30inchWORKTABLE 30inchFIRE EXTINGUISHER K TYPE IN KITCHENFIRE EXTINGUISHER ABC TYPE 10 lb WWALL HOOKHood Cleaning InspectionFire Suppression InspectionSMALLWARES PACKAGE COMPLETEFURNITURE TABLESBOOTHSCHAIRSGRANITE COUNTER TOPS BEV & FRONT COUNTERPOS SystemBack Office Computer Back Office PrinterBack Office Monitor

Market Competition and Expansion:

Incredible Price on Fully Equipped Franchise

Reason for Selling:

Other

Additional Details:

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

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