0Macon, GA 31210

Property Details

Year built

2019

Property size (Sq ft)

2,800 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This thriving Shane's Rib Shack franchise in Macon, Georgia, presents a remarkable investment opportunity. Boasting a prime location and a strong track record, this established restaurant offers a turnkey operation with significant growth potential. The 2,800 square foot space, built in 2019, comes fully equipped with a comprehensive array of commercial kitchen equipment, including multiple fryers, smokers, ovens, refrigeration units, and a walk-in cooler/freezer. The restaurant also features ample seating, including booths and tables, and is equipped with a POS system and printers. The current lease, expiring December 31, 2029, includes two five-year renewal options, offering long-term stability. Monthly rent is $8,621, inclusive of CAMs, taxes, and insurance. The business currently generates projected annual sales of $891,000, with potential for increased revenue under dedicated ownership. A trained staff of 13 employees is in place, ensuring a smooth transition. A one-time training and transfer fee of $15,000 covers comprehensive franchise training. Royalties are 5% of sales, and national marketing fees are 2%. This is a rare chance to acquire a profitable, established restaurant with a proven brand and substantial upside. The asking price is $150,000. Seller financing is not available. Inventory is not included in the asking price.

Location Insight

City

Macon

County

Bibb

State

Georgia

Latitude

32.9306

Longitude

-83.7271

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