Asking Price: $225,000 Gross Revenue: $714,442Cash Flow: $87,511 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
Buy this BBQ franchise for sale. An existing franchise is a fast path to earnings. Net sales of over $700,000 produced earnings of over $80,000 for this store.
This BBQ franchise for sale is part of Dickey's Barbecue Pit, the nation's largest barbecue chain. Founded in 1941, the brand is #7 on the 2018 Fast Casual Top 100 Movers and Shakers and is part of Entrepreneur Magazine's Top 500. Today all meats are still slow smoked on-site in each of their 150 stores. This BBQ franchise for sale is slow smokin' the meat on site at this location. The brand has over 600 stores and is fast and casual, two minutes to order and pay.
We Sell Restaurants loves the opportunity presented by existing locations like this one with strong sales and good earnings. This BBQ franchise for sale will qualify for SBA lending with our resources and approval will be in your hands in under a week! That means you only need to bring 20 percent to the table and the rest will be spread over a ten-year term.
The reasons for buying a BBQ franchise for sale like this one includes:
Security from existing cash flow
A location that’s already producing results
Easy path to lending
This 1980 square foot store has a track record in this location. The lease on this BBQ franchise for sale is $7846.14 per month which includes both the base rent and CAMS, taxes and insurance charged by the landlord. The lease is valid until 2035 which includes the initial term as well as any options to renew.
Along with the purchase of this BBQ franchise for sale, you get the support and training of the major brand. This includes 4 weeks of training directly from their headquarters in Dallas Texas along with ongoing support by their Franchise Business Consultants. Training is included in the $10,000 transfer fee charged by the brand and also covers the remaining term of the existing franchise along with all options to renew.
The use of their trademark, processes and systems are part of this successful BBQ franchise for sale. Royalties are 5 percent of sales. The marketing to promote this brand across the country is 4 percent of sales. This BBQ franchise for sale is a household name which is why this business delivers over $80,000 and sales of over $700,000.
Ready to operate this BBQ franchise for sale? Contact the restaurant brokers to draft an offer today!
About the Business
Number of Employees:
3 FT 4 PT
Building Sq. Ft.:
Air cooling system Imperial brown walk in refrigerator Reach in freezer Soft serve freeze POS system 2007 Chevy cargo van Valium stove Traulsen warmers toaster steam table cold pantry pit exterior sign
Successful Dickey's BBQ Franchise for Sale in Florida Nets $80,000+
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or stake in the sale of this business and has not verified any of the information
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