Asking Price: $319,789 Gross Revenue: $770,557Cash Flow: $93,617 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,500 included in asking priceFF&E: $40,000 included in asking priceReal Estate: $265,000 not included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This is the nation's largest BBQ chain located on a main thoroughfare in west Texas. Close enough to Lubbock to cater to a large metropolitan area. Free standing building with a drive through. In business since 2012 with tremendous community support. They have outlasted all the independent BBQ restaurants in the county with the quality and consistency of the food and service.
About the Business
Number of Employees:
Building Sq. Ft.:
Owner was working in corporate america and found Dickey's franchise. Originally leased the building and then purchased it one year later. The owner's reputation in town and involvement in the community helped launch and grow the business. They work with many of the athletic teams in the surrounding area that travel and need catering. The local multi-purpose expo center uses them as the professed caterer. They go the extra mile for all their customers in the store and catering.
Direct Competitors are locally owned Schwackhammers and 509 Restaurant
Growth & Expansion:
Increase catering opportunities in surrounding area and Lubbock. Continue with sponsorships in the community and advertising on social media. Continue to advertise to business people for lunch as 80% of sales are lunch.
Barbecue Restaurant Franchise with Real Estate, semi-absentee
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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
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