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Very Profitable Franchise BBQ Restaurant & Frozen Yogurt Shop!

Dallas County, TX

Very Profitable Franchise BBQ Restaurant & Frozen Yogurt Shop!
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Asking Price: $479,000

Cash Flow: $205,536

Gross Revenue: $905,329

EBITDA: N/A

FF&E: $110,000

Inventory: $5,000

Rent: $8,236 /Month

Established: 1999

Very Profitable Franchise BBQ Restaurant & Frozen Yogurt Shop!

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Business Description

Well-known for its mouthwatering hickory-smoked barbecue, Texans flock to this restaurant. This particular franchise location has been established for 19 years. The current owner added a non-franchised frozen yogurt concept to the restaurant. Due to its great location, fantastic barbecue taste, & frozen yogurt addition, the sales and profitability have been steadily increasing.

The current owner is running this business on a semi-absentee basis. The new owner can run it as semi-absentee or absentee-owner business. This business has clean books & financial records! It has been pre-approved for an SBA loan by a national bank for qualified buyers.

Detailed Information

Location:
Dallas County, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,327
Lease Expiration:
7/31/2019
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a well-equipped and furnished restaurant ready for a new owner. The equipment is fully paid off. The present location is nicely built with 4327 sq. ft. area and monthly rent of $8236 (includes NNN). This restaurant in Dallas County has been established since 1999. The current owner purchased the franchise in 2011 and added the frozen yogurt shop in 2015. The current owner would like to hand over this business to a new owner and focus on commercial real estate business.
Competition:
There are several restaurants in the area but due to its unique barbecue taste and recipes, customers keep coming back to this restaurant. Increasing sales and profits are a clear testimonial to the success of this restaurant.
Growth & Expansion:
Current owner has not done much marketing to increase the catering business. A new owner can significantly increase revenue by focusing on catering services. A targeted internet marketing campaign can also increase sales. Acquiring a beer / liquor license from the city can easily increase revenue significantly.
Support & Training:
2 weeks
Reason for Selling:
other interests
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Saleem Marwat, MBA

Business Listed By:
Saleem Marwat

Transworld Business Advisors

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