Asking Price: $325,000

Gross Revenue: $1,000,000

Gross Revenue Comments: Annualized 2008

Cash Flow: $125,000

Cash Flow Comments: annualized 2008

FF&E: $400,000 (Included in Asking Price)

Sales of more than $1,000,000 for this two store package can return income to an owner/operator of approximately $125,000 based on YTD 2008 results. This incredible Buy One - Get One FREE is unheard of to get into the lucrative multi unit franchise ownership business.

Messy barbeque smoked onsite is the winning premise of this hotter than hot Raving Brands franchise. The cost to launch just ONE store is $325,000 so at this price and with these sales - you're getting one store for FREE!

Gorgeous build out has latest décor package plus patios in exclusive Georgia county. Strong demographic mix heavy in families and six figure household incomes. Right in the middle of strong growth in business and residential addresses. Both locations have plenty of room both to order and create the signature BBQ recipes originally created by Shane. This national franchise concept is a proven winner.

Catering BBQ for groups is a great addition to the sales line and both stores are in the right location for an aggressive owner/operator to secure relationships and contacts to grow the catering business for additional sales and profits.

EARNINGS: Sales of more than $1,000,000 for this two store package can return income to an owner/operator of approximately $125,000 based on YTD 2008 results.

RENT: Very good leases in place for five years with five year options to extend secure the future of these locations. Location one has a monthly lease amount of $4215 including CAMS while the second location is $6743 per month.

Owners had no intention of selling – they acquired these stores for growth and long term belief in the brand but they have a second franchise investment and unexpectedly received master franchise rights for the entire state. They believe strongly in this concept, but now have to sell to concentrate full time on the other opportunity.

This is a confidential listing so all inquiries must be accompanied by a financial statement as well as a nondisclosure agreement before we can reveal the exact locations.

WEBSITE: www.shanesribshack.com

PRICE FOR BOTH LOCATIONS: $325,000

Contact Eric Gagnon 404-593-4193 or eric@wesellrestaurants.com Listing # E8550

Year Established: 2007

Employees: 4 full time - 8 part time

Franchise: Yes

Facilities: Gorgeous build out has latest décor package plus patios in exclusive Georiga county supported by a strong demographic mix heavy in families and six figure household incomes. These Shanes Rib Shack locations are built right in the middle of strong growth in business and residential addresses.   Both locations have plenty of room both to order and create the signature BBQ recipes originally created by Shane. This national franchise concept is a proven winner.  

Market Outlook and Competition: Excellent

Management Training and Support: Owner and Franchise will ensure smooth transtion

Reason For Selling: Owners had no intention of selling – they acquired these stores for growth and long term belief in the brand but they have a second franchise investment and unexpectedly received master franchise rights for the entire state. They believe strongly in this concept, but now have to sell to concentrate full time on the other opportunity.