Listing ID: 70038
Business Overview
Join the Nation’s Largest Barbeque Chain!
With Dickey’s you enjoy 6 streams of revenue; Dine In, Catering, Retail Items,
Holiday Meals, Online Ordering & Outside Delivery!
All this is teed up and ready to go for you at this newer build Eastern
North Carolina Location.
This Very Profitable and turnkey franchise is priced to sell.
Owner must sell due to personal issue so all reasonable offers will be entertained.
**Sale includes Catering Vehicle**
• Cash Flowing over $100k per year Absentee!
• Strong Sales and growing even in 2020!
• Strong Location in Major Strip with National Tenants all around
• Good Looking and Authentic Themed Build Out
• LOW RENT only $3950 ALL IN
• Huge Catering and Delivery Business
• 1800 sq ft Low Foot Print = Low Cost to Operate
• Fully stocked and equipped Kitchen
• Walk in Cooler
• 1000 gallon grease trap
• Established brand
• Low franchise fees
• Thorough training in management, operations &
• marketing
• Protected territories
• High purchasing power to avoid over-paying for goods
• Quality products in our restaurants
• Six revenue streams
• Ongoing support from our home office
• Multi-unit development deals available
• Turn Key and Up and Running
• Save Tens of Thousands on Build Out
• Primed for Growth
• Limited Hours = Great Quality of Life
• No Restaurant Experience Required
• Full Corporate Training and Support
Asking ONLY $69,000 and Includes Catering Van!!
Information deemed reliable but not guaranteed.
Buyer to verify all information prior to purchase.
For more information and full disclosure please submit our Confidentiality Agreement found here: https://pacificrestaurantbrokers.com/east-coast-usa-confidentiality-agreement/
Financial
- Asking Price: $69,000
- Cash Flow: $100,000
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
This Business Is An Established Franchise
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people resolve to sell operating businesses. Nevertheless, the real factor vs the one they tell you might be 2 completely different things. For instance, they might state "I have way too many various responsibilities" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these might simply be excuses to try to conceal the reality of changing demographics, increased competitors, current decrease in earnings, or a variety of other reasons. This is why it is very vital that you not rely absolutely on a seller's word, yet rather, use the seller's solution combined with your general due diligence. This will paint a more realistic picture of the business's current situation.
Existing Debts and Future Obligations
If the current business is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your deal. Numerous operating businesses borrow money so as to cover things like supplies, payroll, accounts payable, etc. Bear in mind that occasionally this can indicate that revenue margins are too thin. Numerous companies fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future obligations to consider. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with suppliers that should be satisfied or may lead to penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location attract new clients? Most times, operating businesses have repeat customers, which form the core of their day-to-day profits. Particular elements such as new competition sprouting up around the area, roadway building, and personnel turn over can affect repeat customers and adversely affect future revenues. One crucial point to consider is the location of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business regularly, the higher the chance to construct a returning customer base. A final idea is the general area demographics. Is the business situated in a densely populated city, or is it located on the outside border of town? How might the neighborhood average house earnings impact future revenue potential?
