Profitable Franchise Barbecue Restaurant! This is a great opportunity to own a well-established Franchise Barbecue Restaurant in Oakland County. Established in 2012, this franchise is located on a hard corner intersection, surrounded by plenty of residential and commercial properties in the surrounding areas. A fully equipped commercial kitchen is in great condition and maintained regularly with a smoker, fryers and all the equipment you need to continue to operate at a high level and achieve even higher growth opportunities by exploring additional approved revenue channels that have been untapped and by growing the current ones already in place. Gross sales are over the $700k mark with more growth potential! Seating is for 70 guests in the dining room! Menu consists of: Different Types of Meats, Chicken, Sandwiches, Sides, Desserts and so much more. Current owner does minimal outside advertising…a new owner/operator with some creative advertising/marketing along with adding an aggressive catering program, corporate accounts, social media presence and community involvement, you have HUGE potential to the already high gross sales. If you are looking for a well-established, high volume franchise barbecue restaurant, look no further. A must see/must have business that will not disappoint or last long. Seller will entertain all reasonable offers!! Transfer/training Fee: $10,000 / Training: 3 Weeks / Royalty Fee: 6% / Advertising Fee: 3%
- Asking Price:
- $210,000 Furniture / Fixtures included
- Sales Revenue:
- $734,359
- Cash Flow:
- $101,690
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Until 7/2027
- Leasehold Rent:
-
$4,883 per annum
- Location:
-
Oakland County. Located on a hard corner intersection, surrounded by plenty of residential and commercial properties in the surrounding areas.
- Size in square feet:
- 2,540
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
A new owner/operator with some creative advertising/marketing along with adding an aggressive catering program, corporate accounts, social media presence and community involvement, you have HUGE potential to the already high gross sales.
- Reasons for selling:
-
Retirement
- Trading hours:
-
7 Days / 11am-9pm
- Employees:
- 10-15 PT
- Years established:
- Since 2012
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
Corporate and Seller training available
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$210,000 with $125,000 down, 8% int., amortized over 60 months
- Inventory / Stock value:
- $5,000
