$30,000 Down Gets you this BBQ Franchise For Sale in Wichita Falls Tex

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Asking Price:
$55,000

Gross Revenue:
$240,000
Cash Flow:
$33,974
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Profitable and Successful BBQ Franchise for Sale in Wichita Falls Texas. Don't Miss Out on this Opportunity to Own a unit priced Well Under Market at Less than $60,000 for a Quick Close. Annual 2018 Sales Exceeded $360,000. Current owner earnings are $2,800 per month with plenty of Upside. Up to 50% Seller Financing Available. Great Location on high traffic road with national big box retailers close by.
This BBQ Franchise for sale is priced to move for UNDER $60,000. Due to personal reasons, the Owner of this profitable Wichita Falls Texas business is selling only four short months after acquiring this great opportunity. The time and cost to open a new location can be significant and there is no guarantee you will be successful. The cost to open a single location for this nationally recognized Brand is approximately $300,000. You can take over with as little as $30,000 due to generous seller financing option.
With hundreds of Locations throughout the United States, this successful BBQ Franchise for Sale listed by We Sell Restaurants has been providing support and a winning business model for seventy-five years. In 2019, they received recognition and awards from Fast Casual Magazine and USA today. Due to their cash flow positive status, this location qualifies for SBA lending. We Sell Restaurants has a great rapport with the people on the other side of SBA lending. We can get you an answer in days - not weeks!
The prior owner of this BBQ Franchise for Sale provided daily transaction history dating back to 2015. Annual 2018 Sales exceeded $360,000. And with a rent of $3155 per month which includes CAMS and even water for additional savings, this location is a real money maker. There are five dedicated full-time employees along with the owner-operator. The restaurant is 1600 square feet and seats 60 with additional seating outside for 14 more. Most restaurants have just a couple of revenue streams. This profitable BBQ franchise for sale has many. Dine-in, Carry-out, Delivery, Catering, and online ordering provide unlimited potential for the next owner.
Nestled in the middle of the iconic Texas plains, this BBQ franchise for sale is located in Wichita Falls, which lies neatly between Dallas in Texas and Oklahoma City in Oklahoma, and has now grown into a lively city that has much to offer visitors including lush parks, interesting museums, and quaint attractions such as the World's Littlest Skyscraper.
So don't miss out on realizing your dream of being your own boss while joining a world-class name with this BBQ franchise for sale Training provided by the current owner and brand will ensure a smooth transition and continued success prosperity.

About the Business

Location:
Wichita Falls, Texas
Year Established:
2012
Number of Employees:
5
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,600
Rent:
$3,152.00 Per Month
Lease Expiration:
4/30/2022
Facilities:
1 small freezer 1 medium freezer 1 Large walk in Refrigerator 1 Fryer 1 6 burner stove oven 1 9 one third pan steam table 2 Meat scales 1 6 pan ice cooler 1 POS System 1 office computer 1 Verifone 1 Bite Squad Tablet 3 Routers 1 Large Rotisserie Smoker Pit 2 large warmers 3 prep counters 3 compartment sink 1 individual compartment sink 2 hand washing stations 20 shelves for storing food 1 medium size ice maker 1 complete fountain drink set up including C02 1 sentrysafe 7 shelves paper goods 1 stereo for dining room 1 TV 1 Heat lamp 1 Butchers block 6 Booths 16 Chairs 8 Setting Benches 14 Tables 2 High Chairs 2 Wagon Wheel lights 2 High chairs All utensils pots pans All Posters on wall Dining Room hallway to bathrooms 2 picnic tables outside
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Same location for over 6 years Loyal Customer Base
Growth & Expansion:
3rd Party Delivery Catering
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About the Sale

Reason For Selling:
Health
Training/Support:
Franchise and Owner Training

Listing Info

ID:
1654177
Ad Detail Views:
233

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Business Listed by

Steve Weinbaum

We Sell Restaurants
License# GA SL 365512

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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