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BUSINESS FOR SALE - PROFILE #  42060166

Established Franchised BBQ Restaurant In Plano, TX
Plano, TX

Asking Price: $699,000   Down Payment: $699,000  
Gross Revenue: $1,656,700   Adj. Cash Flow*: $293,763  
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Executive Summary
Dramatically Reduced - Barbeque is said to be one of the only “truly American” food and its history is firmly rooted in the South. The primary change in the barbecue business over the last 20 years has been the dramatic increase in the popularity of barbecue, nationally and internationally. Even as globalization has had a universalizing and homogenizing effect on culinary developments, Barbecue is rightfully understood to be a genuine and original food tradition that is deeply rooted in regional histories and represents a return to something authentic. People have sought it out for this reason. It's real, plus it's delicious. This franchised BBQ restaurant has been serving its customers & community for over 22 years. It has been under the same ownership and has generated large, consistent & better than average revenue & profit each & every year. It is located in a large city of Collin County, Plano TX and this city is in the heart of the economic & population boom that is happening now and for the foreseeable future. If you want to own a large, profitable franchised restaurant that serves the best quality barbecue in a fun, casual atmosphere then this business is for you.

Acquisition Highlights

  • Marketing has been kept to a minimum by not doing maketing investments outside the Franchisor level. The reputation the restaurant has earned from serving great bbq to customer for 22 years has allowed this owner to let word of mouth be his marketing,
  • Seven days per week, lunch & dinner
  • Consistent large volume business with above average profits
  • Restaurant is in a strategic location has has maintained and refreshed the restaurant when needed. A new owner can wal in and have little investment needed.
  • Small BBQ franchisor that began in Arlington VA.
  • Training Information:  2 weeks
  • This business is a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1996 Inventory:
Furniture, Fixtures & Equipment:
Lease/Rent: $11,302 Real Estate:
Building Sq Ft: 4422
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Larry Lane
Phone:  (214) 733-8282
Fax:  (972) 542-7644
E-mail:  llane@vrdallas.com
VR Business Brokers - North Dallas, TX
17950 Preston Rd. #760
Dallas, TX 75252
www.vrdallas.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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