For Sale
$320,000

0 Rib Shack Franchise For Sale In Atl Mkt.Atlanta, GA 30307

Profitable Restaurant, Established Location

Overview

Added:
Dec 11, 2024
Days on market:
113
This established Shane's Rib Shack franchise in the Atlanta market (Gwinnett County, zip code 30307) presents a lucrative investment opportunity. The 3,150 square foot restaurant, built in 2006, boasts impressive financials: net sales exceeding $1.1 million, generating owner-operator earnings of $107,000. The asking price is $320,000, and SBA lending is available, requiring only a 20% down payment. The current lease, expiring March 30, 2025, includes two five-year renewal options and costs $8,550 per month (including base rent, CAMs, taxes, and insurance). The restaurant is fully equipped with all necessary equipment, including stoves, coolers, smallwares, BBQ smokers, and franchise branding. The franchise agreement includes training from the brand and ongoing support from Franchise Business Consultants. Royalties are 5% of sales, and marketing fees are 2% of sales. The restaurant has 80 seats and a proven track record in its current location. This turnkey operation offers immediate earnings potential and the backing of a well-known brand. The sale includes the use of the Shane's Rib Shack trademark, processes, and systems.

Highlights

  • Established Shane's Rib Shack franchise in Gwinnett County, GA (30307).
  • 3,150 SF restaurant built in 2006, fully equipped.
  • $1.1M net sales, $107,000 owner-operator earnings.
  • Asking price: $320,000; SBA financing available (20% down).
  • Lease expires March 2025, with two 5-year options; $8,550/month rent (includes CAM, taxes, insurance).
  • 80-seat restaurant with proven track record.

Property Details for 0 Rib Shack Franchise For Sale In Atl Mkt.

Property type
Retail properties, Restaurants
Square Feet
3,150 SF
Year Built
2006

Location Insight

City
Atlanta
County
Gwinnett
State
Georgia
Latitude
33.7584033
Longitude
-84.3484736
Rib Shack Franchise For Sale In Atl Mkt., Atlanta, Georgia

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0 Rib Shack Franchise For Sale In Atl Mkt.
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