Metro Atlanta GA Shane’s Rib Shack Franchise QSR Restaurant for Sale w/Real Estate & Building – Same Owner 10-Years – New Pricing
Metro Atlanta GA Shane’s Rib Shack Franchise QSR Restaurant for Sale w/Real Estate & Building – Same Owner 10-Years – New Pricing
#5053 Metro Atlanta GA Shane’s Rib Shack Franchise BBQ Quick Service Restaurant for Sale. Shane’s Rib Shack is an American fast casual BBQ franchise, serving slow-cooked baby back ribs, hand-chopped chicken and pork, and Southern-style side dishes. They are located in ten states, with most of their restaurants located in the state of Georgia. Sale includes Business, Real Estate & Building. Same Owner 10-Years. Hi-Traffic location is adjacent to nationally anchored shopping centers. Freestanding 3100/SF. .60 Acre Parcel. 100-Seats. Outdoor Seating for 20. Parking for 70. 2021 Gross Sales $1,100,000 approximately. 2021 Net Profit $50,000 after paying all expenses. 2022 Gross Sales $85,000 monthly approximately. 2022 Net Profit of $10,000 monthly after paying all expenses. Local Training. A full staff of 20. Management includes General Manager, Kitchen Manager, and 2-Keyholders. The owner spends 30 hours overseeing the operation. Assets include 3-Southern Pride Smokers. Retirement forces sale. Priced at $1,499,000.
Location
Country: | USA |
State or Province: | GA |
City: | Metro Atlanta |
Location Zip or Postal Code: | 30331 |
Listing Information
Service Type: | Sit-Down Table Service |
Title of Listing: | Metro Atlanta GA Shane’s Rib Shack Franchise QSR Restaurant for Sale w/Real Estate & Building – Same Owner 10-Years – New Pricing |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | 3100, Square Feet |
Patio: | Yes |
Number of Employees: | Less than 10 |
Reason for Selling: | Retirement |
Links
Link to Facebook Page: | https://www.facebook.com/shanesribshack |
Website: | https://www.shanesribshack.com/ |
Financial Details
Asking Price: | $1,499,000 |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | Under $100,000 |
SDE Range: | $100,000 |
Contact Listing Owner
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