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

Atlanta, GA
listing image
Asking Price:$399,000
Gross Revenue:$1,471,444
Established Year:2006
Cash Flow:$155,163
Rent:$15,118/Month
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.
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DETAILED INFORMATION
Location
Atlanta, GA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,600
Lease Expiration
31/01/2029
Employees
16
Facilities
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
Competition
Since becoming a franchised restaurant in 2004, Shane?s Rib Shack has grown to become the country?s model fast-casual barbecue concept
Growth & Expansion
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.
Support & Training
Training provided by Franchise Brand
Reason for Selling
Other
Franchise
This business is an established franchise
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Robin
Gagnon
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Robin Gagnon