MergerPlace

Dickey’s Barbecue Pit Franchise

Michigan


  • Asking Price: $160,000
  • Gross Income: $738,758
  • Cash Flow: $90,992
  • Real Estate: $350,000
  • Inventory: Not Disclosed
  • FF&E: $96,000
  • Listing ID: #217457
  • Established: 2013
  • Employees: 10

Business Description

Profitable Michigan-based Dickey’s Barbecue Pit for Sale!
Dickey’s Barbecue Pit first opened in 1941 and has since grown into the largest barbecue chain in the world. Dickey’s offers seven slow-smoked, Texas-style meats and a variety of savory sides, all served with a touch of southern hospitality. Since 1941, Dickey’s has slow-smoked their meats overnight, every night to ensure its authentic flavor.
The Michigan-based location has successfully carved out its market since its founding in 2013. The owner is not significantly involved in the business and has decided to transition the Company to new ownership. The real estate is owned by a related entity and available for sale or lease. The owner is seeking to transition the Company to new ownership so that he has more time to focus on other business interests. He is willing to provide assistance to a new owner through a reasonable transition period.
Dickey’s Barbecue Pit offers a successful business model, low start-up costs, multiple revenue streams and an expert Home Office support team for franchise owners. Dickey’s also ensures every owner is fully prepared to open their own location by teaching them everything from how to smoke a brisket to how to create the best Pit Crew in a three-week training course, Barbecue University. Franchise owners enjoy the following features at Dickey’s Barbecue Pit:
• 6 Revenue Streams
• 20 years of experience in real estate to support you during site selection
• Operations support
• Marketing support
• Business model provided (no restaurant experience required)
• Comprehensive training program – Barbecue University
• Group purchasing power
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.
You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email info@smallbusinessdeal.com and request a PDF version.
Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. The owner’s contact information will be provided in the CBR. They will be happy to correspond and answer your questions directly. Thank you for your time!


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Michigan

Company Information

Year Established: 2013
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 10

Financial Information

Asking Price: $160,000
Gross Revenue: $738,758
Cash Flow: $90,992
EBITDA: $60,622
FF&E: $96,000
Real Estate: $350,000
Seller Financing Available: Yes

Property Information

Facilities:

Owned 3,300 sq. ft. facility available for sale with the business.

Growth & expansion opportunities:

The Dickey’s restaurant has many opportunities for growth, including adding alcoholic beverages or investing in a drive-through.

Competition:

Over the years, Dickey’s Barbecue Pit has won awards such as our most recent awards: • Top 500 Franchises 2018 (Entrepreneur) • #1 on Fast Casual Top 100 Movers & Shakers List (Fast Casual 2016) • 2016 Top Franchise (Entrepreneur Franchise 500) • Consumer Picks - 1st Place Specialty Segment (NRN 2014, 2015, 2016) • QSR Best Franchise Deal (2012, 2015)

Reason for selling:

Other business interests

Support & Training:

Ownership willing to provide reasonable and customary transition assistance.

Contact Business Seller

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Business Listed By:

Max Friar

Calder Capital, LLC