Raleigh $1.2 Million in Sales at this Shane's Rib Shack Franchise for

Raleigh, NC
listing image
Asking Price:$50,000
Rent:$10,558/Month
Gross Revenue:$1,201,888
Established Year:2006
BUSINESS DESCRIPTION

Priced at just $50,000! This Shane's Rib Shack Franchise for Sale is a remarkable opportunity that promises substantial returns. The store boasts impressive sales figures of $1.2 million, a clear testament to Raleigh's love for this outstanding BBQ franchise. If you have strong credit, there is LENDING AVAILABLE, with approval taking only a few days.
This Shane's Rib Shack Franchise for Sale is strategically located in one of the most desirable areas of Raleigh. As the new owner, you will benefit from acquiring an incredible, fully equipped franchise at an unbeatable price. Building a new franchise from scratch could cost hundreds of thousands of dollars, but this established franchise is priced at just $50,000, offering significant savings and value.
Have you always dreamed of owning your own franchise but lacked the funds to invest in a startup? Starting a new venture has its challenges, with many uncertainties along the way. Buying an existing business like this Shane's Rib Shack Franchise for Sale eliminates much of that uncertainty. We Sell Restaurants even has lending partners who can assist you in financing this incredible opportunity, making your dream of franchise ownership a reality.
With the strong brand recognition of this Shane's Rib Shack Franchise for Sale and a dedicated on-site owner, the potential for growth is immense. Current sales figures are already impressive at $1.2 million, but there's always room for growth and expansion.
This Shane's Rib Shack Franchise for Sale operates in a manageable 3,462 square foot space with a monthly rent, including CAMS, taxes, and insurance, of just $10,558. The lease is valid through 2032 and includes an additional option, providing ample time for you to establish and grow your business.
Training is provided by Shane's Rib Shack Corporate, ensuring you are well-prepared to manage your new store. A one-time training and transfer fee of $15,000 covers the cost of training. Royalties are set at 5%, and national marketing fees are just 2% of sales, both of which are well within industry standards. This Shane's Rib Shack Franchise for Sale is a fantastic investment with all the right elements for success.
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DETAILED INFORMATION
Location
Raleigh, NC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,462
Lease Expiration
28/02/2032
Facilities
FREEZER UPRIGHT REACH IN DOUBLE DOOR REFRIG. WORKTOP REACH IN COOLER 2 DOOR REFRIG. WORKTOP REACH IN COOLER 2 DOOR REFRIGERATED UPRIGHT REACH IN SINGLE DOOR REFRIGERATED UPRIGHT REACH IN SINGLE DOOR WARMING CABINET SS CABINET 2 DOOR HEAT LAMP FRYER GAS 35 50 lb FLR MODEL FRYER GAS 35 50 lb FLR MODEL FRYER GAS 35 50 lb FLR MODEL FRYER FILTER MACHINE PITCO P14 HOT PLATE 12inch WIDE OPEN BURNERS 4 EYE FLAT TOP 24inch HEAVYDUTY THEMOSTATIC CONTROLS CHAR BROILER 36inch RADIANT HEAT EQUIP. STAND 30inch X 36inch X 24inchH W CASTERS EQUIP. STAND 30inch X 36inch X 24inchH W CASTERS CONV OVEN DOUBLE SOLID ST CONTOLS W CASTERS SMOKER SOUTHERN PRIDE DH 65 SMOKER SOUTHERN PRIDE SC 300 SM SMOKER SOUTHERN PRIDE SC 200 SM TOASTER BUN GRILL W35 SECOND GEARS STEAM TABLE 4 WELL WITH MANIFOLD DRAINS OVER SHELF 2 TIER EXPO TABLE 36inch X 72inch 18inch REAR OVRSHLF SINK 4 COMPT.16 GA W24inch SQ BWLS W2 24inch 144inch FAUCET FOR WASH SINK W12inch SPOUT & SPRAYER HANDSINK WALL MTD SS HANDSINK WALL MTD SS ICE MACHINE CUBE STYLE 500 lb BOH BIN FICE MACHINE 360 lb STORAGE ICE MACHINE CUBLET STYLE 800 lb FOH WALK IN COMBO COOLERFREEZER UNIT W 2 HP MTRS WALK IN COOLER 2 H.P. MOTOR CAMBRO SHELVING IN WIC & WIF HOOD SYSTEM CAPTIVE AIR 25inch6inchWITH FIRE SYSTEM SHELVING DRY STORAGE CASTER SETS ON ALL EQUIPMENT AND PREP TABLES SAFE 20 X 20 X 20 CSS B2020S SG1 MOP SINK RESIN 42inch X 30inch FAUCET FOR UTILITY SINK T&S B 1110 WATER HEATER WATER HEATER REFRIGERATOR PREP TOP STORAGE 44inch (SALAD STATION WORKTABLE 4 ft. WORKTABLE 3 ft. WORKTABLE 30inch WORKTABLE 30inch FIRE EXTINGUISHER K TYPE IN KITCHEN FIRE EXTINGUISHER ABC TYPE 10 lb WWALL HOOK Hood Cleaning Inspection Fire Suppression Inspection SMALLWARES PACKAGE COMPLETE FURNITURE TABLES BOOTHS CHAIRS GRANITE COUNTER TOPS BEV & FRONT COUNTER POS System Back Office Computer Back Office Printer Back Office Monitor
Competition
Incredible Price on Fully Equipped Franchise
Growth & Expansion
Onsite Owner Operate able to take advantage of this pricing on turn-key restaurant
Support & Training
Completed by Shane's Rib Shack Corporate
Reason for Selling
Other
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Robin
Gagnon
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Robin Gagnon