000 For OwnerAtlanta, GA 30307

Property Details for 000 For Owner

Year built

2006

Property size (Sq ft)

2,600 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Latitude

33.7584

Longitude

-84.3485

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