0Macon, GA 31210

Property Details

Year built

2019

Property size (Sq ft)

2,800 SF

Property type

Retail properties

Property subtype

Restaurants

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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