Fast Casual Franchise Bbq Restaurant

www.GlobalBX.com

Listing ID: 700342409

Listing Title: Fast Casual Franchise Bbq Restaurant

Quick Link: http://www.globalbx.com/listing.asp?bId=342409

Industry: Franchises

Industry Segment: Food and Beverages

Country: United States

State / Province: Texas

Area

City: Denton County

Asking Price Range: $250K - $500K

Gross Revenues: $610,939

Cash Flow: $118,686

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2013

Number of Employees: 4 - 5

Business Description:
Prime location franchise fast-casual BBQ restaurant near a major toll way is available for acquisition. This business was first established by the current owner of the business in 2013. The location of this business is in one-of-the-best areas for customer acquisition as there's a major toll way nearby including a well-mix of families and individuals that has ample amounts of disposable income. Most of the customers are employees from the nearby nationwide retailers and many families from the nearby neighborhoods. Net sales average was $600,000 - $625,000/year in the last few years of operation that has been consistently growing each year up to 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 this business 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 this location has the fast casual style model that accommodates towards customer dense locations and individuals with a busy lifestyle or passing by on the toll way. Depending on location, the owner of the business can utilize this knowledge to choose between the fast casual style and buffet style that matches with the demographics of the area. For more info, please call Moon Kim at 1-866-519-2421. Asking: $325,000 Furniture, Fixtures & Equipment: $75,000 (Included in listed price) ...



« Close this window »