2 Famous BBQ Franchise Stores, Buy Both!

Los Angeles County, CA

2 Famous BBQ Franchise Stores, Buy Both!

Asking Price:$950,000

Cash Flow:$300,000

Gross Revenue:$2,000,000

EBITDA:N/A

FF&E:N/A

Inventory:$30,000*

Established:2014

*not included in asking price.

2 Famous BBQ Franchise Stores, Buy Both!

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Business Description

2 fast casual BBQ franchises 6 miles apart.

Hi volume and hi net income, seller works about 15 hours per week.

Franchise established since 1941 by the original family with over 500 units in 43 states.

Voted No.1 brand by fast casual magazine for 2016.

Increase sales with beer and wine and delivery.

Major Expense (2 locations)- rent-9200, food cost-38%, utilities-3000, labor-31000, wood-1000,

insurance-2500, royalty-5% + 4% ($9,000)

Detailed Information

Inventory:
Not included in asking price
Employees:
25
Competition:
2 locations have about 25 employees with 2 managers. Located north of Los Angeles with 2 locations within 10 minutes of each other. Fully equipped with latest state of art BBQ equipment. The country's #1 franchise BBQ originally founded in 1941 and still owned by the original family has really perfected the art of BBQ. There are over 500 units in 43 states and growing rapidly.
Growth & Expansion:
Should add beer and wine service plus delivery to increase sales
Support & Training:
Yes
Reason for Selling:
Moving to Las Vegas
Franchise:
This business is an established franchise

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William Park

Business Listed By:
William Park

VR Business Brokers

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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