For Sale
$399,000

000 For OwnerAtlanta, GA 30307

Profitable BBQ Restaurant, $399K

Overview

Added:
Dec 11, 2024
Days on market:
114
This established Shane's Rib Shack franchise in Atlanta, GA presents a compelling investment opportunity. Located in Fulton County (zip code 30307), this 2,600 square foot restaurant boasts impressive annual sales of $1.4 million, generating a substantial owner's earnings of $155,000. Built in 2006, the restaurant is fully equipped with all necessary equipment including ovens, prep tables, a BBQ smoker, shelving, seating, and smallwares. The lease, expiring January 30, 2029, is favorable at $15,118 per month and includes assignable options, providing long-term stability. The franchise offers comprehensive support, including training and ongoing guidance from the brand, with competitive royalties (5% of sales) and marketing fees (2%). The restaurant comfortably seats 80 patrons and features a hood system and in-ground grease trap. SBA financing is available for qualified buyers. This turnkey operation, with its established customer base and prime Atlanta location, offers a rare chance to acquire a thriving business with significant earning potential. The franchise has 16 employees and enjoys a strong reputation within the fast-casual dining market. The sale includes all existing equipment and the transfer of the franchise agreement for a nominal $15,000 fee.

Highlights

  • Established Shane's Rib Shack franchise in Atlanta, GA.
  • $399,000 asking price with $1.4M annual gross revenue and $155,000 owner's earnings.
  • Leased 2,600 SF restaurant; lease expires January 2029 at $15,118/month with assignable options.
  • Fully equipped with ovens, prep tables, smoker, and other restaurant equipment.
  • SBA financing available.

Property Details for 000 For Owner

Property type
Retail properties, Restaurants
Square Feet
2,600 SF
Year Built
2006

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.7584033
Longitude
-84.3484736
000 For Owner, Atlanta, Georgia

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000 For Owner
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