ATL Shane's Rib Shack Franchise for Sale Earning $155,000 for Owner

Asking Price$399,000

Cash Flow
$130,737
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,369,450

InventoryNot Disclosed

FF&ENot Disclosed

listing imageSave

ATL Shane's Rib Shack Franchise for Sale Earning $155,000 for Owner


Asking Price$399,000

Cash Flow
$130,737
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,369,450

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
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.
About the Business
Years in Operation
19
Franchise
This business is an established franchise
Facilities & Assets
Hood in Place
In Ground 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
convection oven
walk in cooler
walk in freezer
reach in freezer
under counter cooler
other refrigeration
ice machine
sandwich prep coolers
pizza cooler
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
Since becoming a franchised restaurant in 2004, Shane?s Rib Shack has grown to become the country?s model fast-casual barbecue concept
Opportunities for Growth
In 2015, Shane?s Rib Shack was featured in the Wall Street Journal and in 2011, Shane?s Rib Shack was recognized as a Top 100 Movers and Shakers from FastCasual.com.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,600
Rent
$15,118.00 per month
Lease Expiration
1/31/2029
About the Sale
Seller Motivation
Other
Transition Support
Training provided by Franchise Brand
Listing Info
ID
2257780
Listing Views
1133

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Robin Gagnon We Sell Restaurants

Listing ID: 2257780 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


Similar Listings
WRAP SANDWICH COMPANY
$150,000WRAP SANDWICH COMPANYFeatured Franchise
Church's Texas Chicken
$500,000Church's Texas ChickenFeatured Franchise
McAlister's Deli
$425,000McAlister's DeliFeatured Franchise
Shuckin' Shack
$350,000Shuckin' ShackFeatured Franchise
WRAP SANDWICH COMPANY
$150,000WRAP SANDWICH COMPANYFeatured Franchise
Church's Texas Chicken
$500,000Church's Texas ChickenFeatured Franchise