BUS

Shane's Rib Shack

Asking Price:Asking Price:Asking Price:Asking Price:

Cash Flow:Cash Flow:Cash Flow:Cash Flow:

Gross Revenue:

EBITDA:

FF&E:

Inventory:

Lease Rate:

Established: *not included in asking price.

Business Description

This Shane's Rib Shack had huge potential to grow! Seller financing

$189,900

$448,327

$734,000

$68,197

$95,000

$5,000*

$5,929 /Month

2007

Seller Financing Available

Page 1 of 3Shane's Rib Shack: Business For Sale in Conyers, Rockdale County, Georgia, United Stat...

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Inventory: Not included in asking price

Real Estate: Leased

Building SF: 3,000

Lease Expiration: 9/30/2022

Employees: 6

Furniture, Fixtures,

& Equipment

(FF&E):

Included in asking price

Facilities: The restaurant is fully equipped with a full operating

kitchen. Plenty of seating and modern looking. Two large

restrooms, grease traps and ready to grow.

Competition: Shane's is well known in the neighborhood.

Growth &

Expansion:

The store needs an owner/operator, sales have suffered a

little bit because of the seller's other full time job. This

business could easily grow back to over $1M in annual sales

with a little bit of tender loving care. You are buying it at a

discount!

Financing: Yes, Seller will look at a note depending on financial

strength of buyer

Support &

Training:

Seller will provide 2 weeks with 2 weeks phone consultation

available

This Shane's has been in business for over 10 years. Well known in the

community and an established local gathering place for great BBQ , wings,

burgers and a lot of other great food. The seller has decided to put it on the

market because of his own personal time constraints with another full time

partnership. This store needs and wants an owner/operator to thrive. Shane's do

very well with an owner/operator running the store and doing the catering.

Detailed Information

Page 2 of 3Shane's Rib Shack: Business For Sale in Conyers, Rockdale County, Georgia, United Stat...

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Reason for

Selling:

Has another business that consumes most of his time and

effort.

Franchise: This business is an established franchise

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Business Listed By: Steve Yurchek (/business-broker/steve-yurchek/tuscany-realty- inc/19546/)

Tuscany Realty, Inc.

770-992-6622

Page 3 of 3Shane's Rib Shack: Business For Sale in Conyers, Rockdale County, Georgia, United Stat...

10/17/2017https://www.bizbuysell.com/Business-Opportunity/Shane-s-Rib-Shack/1425549/?d=/wEF...