
Restaurant franchises for sale serving old-fashioned BBQ 001167

Restaurant franchises for sale serving old-fashioned BBQ. Prime location franchise BBQ restaurant with high volume sales in North Dallas is available for acquisition. This business was first established by the previous owner in 2011 and was subsequently acquired by the current owner in 2018. The location of this business is in one-of-the-best areas for customer acquisition as the restaurant sits in the hub of a well-mix of retail, office, and commercial areas. University that has nearly 30k students is also found within its reach. Most customers are professional workers from nationwide retailers nearby that come during lunch hours and high-income families from the neighborhoods within this middle-high-class area during dinner hours. Net sales average was $850,000 - $900,000/year in the last few years of operation, consistent each year except 2020 due to the Covid-19 lockdown. Revenues quickly recovered in 2022, reaching nearly $900K. Owner involvement is critical to the business generating more revenue since the current owner doesn't have enough time to allocate toward proactive marketing. Corporate ADs and word of mouth provide ample customer acquisition, but this business can't achieve full capacity without proactive local marketing from the owner. Various local marketing tactics can be used to increase sales, such as direct mailing, delivery service, catering, student discounts, and social media marketing on numerous online outlets. Their menu consists of many items ranging from various types of BBQ meats, sandwiches, salads, side dishes, and desserts made from scratch. The franchise was built upon its first business model of a buffet-style restaurant and later added the option of fast-casual style in the last few years. However, this location still has the original buffet-style model accommodating high-volume sales and customer-dense locations. Depending on location, the business owner can utilize this knowledge to choose between the fast-casual and buffet styles that match the area's demographics.
Other Opportunities. The owner owns too many restaurants to manage, spreading himself too thin.
The business owner will provide training as needed to smooth the transition into the business operation. Corporate will provide training at the corporate training center for a set amount of time.
This business is located in a 4,200 SF retail strip center surrounded by many nationwide retailers and is beside an upscale mall that brings heavy traffic to the area. All equipment is in great condition and working order.
Few competitors are within the immediate market area. Still, this business is a well-known franchise with high brand recognition and a perfect recipe that everyone can enjoy.
The only two marketing sources currently being implemented are the word of mouth and corporate ADs. Proactive marketing within the local area is needed to generate more revenue.
100% down at the time of closing or 50% Cash Down with SBA Financing or Qualified Buyers with Industry Experience.
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