Barbeque is said to be one of the only “truly American” food and its history is firmly rooted in the South. The primary change in the barbecue business over the last 20 years has been the dramatic increase in the popularity of barbecue, nationally and internationally. Even as globalization has had a universalizing and homogenizing effect on culinary developments, barbecue is rightfully understood to be a genuine and original food tradition that is deeply rooted in regional histories and represents a return to something authentic. People have sought it out for this reason. It’s real, plus it’s delicious. This franchised BBQ restaurant has been serving its customers & community for over 20 years. It has been under the same ownership and has generated large, consistent & better then average revenue & profit each & every year. It is located in a large city of Collin County and this city is in the heart of the economic & population boom that is happening now and for the foreseeable future. If you want to own a large, profitable franchised restaurant that serves the best quality barbecue in a fun, casual atmosphere then this business is for you. Property Features and Assets: An attractive, decorated dining room in an established, fully leased strip center on one of the most traveled intersections in Plano, Texas. This restaurant is an end cap position. Market Competition and Expansion: While there are other BBQ establishments, this restaurant is established, profitable and is in a better location than many of its rivals. It has table service which many others “bbq joints” do not and has more options on the menu that many do not offer. Additional Details: The property is leased. The owner is willing to train/assist the new owner. This is not a homebased business opportunity. This is a franchise resale opportunity.
Country: | USA |
City: | Plano |
Location Zip or Postal Code: | 75023 |
Title of Listing: | Established BBQ Restaurant in Plano, TX |
Year Established: | 1996 |
Number of Locations: | 1 |
Number of Seats: | Less than 50 |
Size: | , Square Feet |
Number of Employees: | Less than 10 |
Reason for Selling: | Investing In Other Locations |
Asking Price: | $799,000 |
Gross Revenue: | $1,656,700 |
Gross Revenue Range: | $1,000,000+ |
EBITDA Range: | Under $100,000 |
SDE Range: | $100,000 |