Earn over $100,000 Shane's Rib Shack Franchise for Sale in ATL Mkt.

Atlanta, GA
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Asking Price:$320,000
Gross Revenue:$1,150,250
Established Year:2006
Cash Flow:$107,962
Rent:$8,550/Month
BUSINESS DESCRIPTION

Buying an Existing Franchise is a fast path to earnings when you have a Shane's Rib Shack Franchise for Sale producing sales like this one! Net sales of $1.1 Million produced earnings of $107,000 for an owner/operator of this store. SBA Lending available on these six figure earnings.
This Shane's Rib Shack Franchise for Sale is completely outfitted with everything necessary, including stoves, coolers, smallwares, franchise branding, and BBQ smokers. What's more, it offers the peace of mind of generating profit from day one. The Restaurant Brokers at We Sell Restaurants love the opportunity presented by existing locations like this one with six figure earnings and high sales. Earn over $100,000 Shane's Rib Shack Franchise for Sale in the Atlanta Market. This will qualify for SBA lending with our lending resources and approval will come faster than you think! 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 Shane's Rib Shack Franchise for Sale include not only the security of existing cash flow but also a location that's already producing results. This 3150, square foot store has a track record in this location. The lease on profitable location is $8550 per month which includes both the base rent and CAMS, taxes and insurance charged by the landlord. The lease is valid until Expires 2025 and has two five-year options to renew. Purchasing a Shane's Rib Shack Franchise for Sale like this one means you get the support and training of the major brand. This includes training directly from the brand itself along with ongoing support by their Franchise Business Consultants. Training is included in the $ 15,000 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 the success of this Shane's Rib Shack Franchise for Sale. Royalties are 5% and are charged on sales. The marketing to promote this brand across the country is 2 percent of sales. This Shane's Rib Shack Franchise for Sale is a household name which is why this business delivers $ 107,000 in earnings and over $1.1 million in sales. Ready to operate this Shane's Rib Shack Franchise for Sale? Contact We Sell Restaurants to draft a purchase agreement today!
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DETAILED INFORMATION
Location
Atlanta, GA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,150
Lease Expiration
31/03/2025
Employees
14
Facilities
Hood in Place 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 convention oven walk in cooler walk in freezer reach in freezer under counter cooler other refrigeration ice machine sandwich prep cooler pizza cooler
Competition
Well Established profitable location with over$1 Million in Sales
Growth & Expansion
Onsite Owner/operator could potentially increase profits.
Support & Training
Training provided by Franchise Brand
Reason for Selling
Other
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Robin
Gagnon
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Robin Gagnon