Listing ID: 70041
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 types of reasons why individuals choose to sell companies. However, the true reason vs the one they say to you might be 2 absolutely different things. As an example, they may state "I have too many various commitments" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these might simply be excuses to attempt to hide the reality of altering demographics, increased competition, current decrease in profits, or a variety of various other factors. This is why it is very essential that you not rely entirely on a seller's word, however rather, use the seller's solution along with your general due diligence. This will repaint an extra reasonable image of the business's existing scenario.
Existing Debts and Future Obligations
If the current company is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your deal. Lots of businesses take out loans in order to cover points such as inventory, payroll, accounts payable, etc. Bear in mind that in some cases this can suggest that revenue margins are too small. Numerous businesses fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future obligations to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that should be fulfilled or may result in fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area attract new customers? Often times, companies have repeat customers, which create the core of their day-to-day revenues. Certain factors such as new competitors growing up around the area, road building, and also staff turnover can affect repeat customers and negatively influence future incomes. One essential thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Certainly, the more people that see the business regularly, the better the opportunity to construct a returning customer base. A final idea is the basic area demographics. Is the business located in a largely populated city, or is it located on the outskirts of town? Exactly how might the neighborhood typical household income effect future revenue prospects?
