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Two Nationwide Franchise BBQ Restaurants
Location: United States -> Texas -> Denton County
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Two prime location franchise BBQ restaurants with high volume sales are available for acquisition. This business was first established by the current owner of the business in 2008 and later in 2013 the second location beside the tollway was established. The location of this business is in one-of-the-best areas for customer acquisition as there's an upscale mall nearby the first location and various schools that is nearby the second location that has many students with ample amounts of disposable income. Most of the customers are various professional workers from the nearby nationwide retailers that come during lunch hours and high-income families in dinner hours that are from the neighborhoods within this middle-high class area. Net sales average was $1,700,000 - $1,750,000/year in the last few years of operation that has been consistent each year with a slight increase in 2016. Owner involvement is critical to the business generating more revenue since the current owner doesn't have enough time to allocate towards proactive marketing. Corporate ADs along with word of mouth provides an ample amount of customer acquisition, but these businesses can't achieve full capacity without proactive local marketing from the owner. Various local marketing tactics can be used to increase sales such as direct mailing, delivery service, catering, student discounts, and social media marketing on numerous online outlets. Their menu consists of many items that range from various types of BBQ meats, sandwiches, salads, side dishes, and desserts that are made from scratch. The franchise was built upon their first business model of a buffet-style restaurant and later added the option of fast casual style in the last few years, but the first location still has the original buffet-style model that accommodates towards high volume sales and customer dense locations. On the contrary, the second location is the fast casual style that is perfect for the tremendous traffic that the tollway...


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,662,860
Cash Flow:   $416,292
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2008
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Owner of the business will provide training as needed to smooth the transition into the business operation. Corporate will provide training for a set amount of time at the corporate training center.
Reason For Selling:  Other Opportunities




Print Listing Id: 700341008
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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