MergerPlace

Growing BBQ Restaurant w/ Passive Owner!

Coldwater, Michigan (Branch)


  • Asking Price: $160,000
  • Gross Income: $704,700
  • Cash Flow: $91,700
  • Real Estate: $350,000
  • Inventory: Not Disclosed
  • FF&E: $96,000
  • Listing ID: #214669
  • Established: 2013
  • Employees: 10

Business Description

Outstanding opportunity! Sales up 20% year over year and growing. Top 10 Dickeys for growth. Absentee seller wants to deal so check this one out.

Founded in 2013, the Dickey’s BBQ in Coldwater, MI is a profitable and growing fast-casual restaurant for sale. The Restaurant is turn-key with a manager in place that manages daily operations. The current owner provides high-level oversight but is not involved in the day-to-day.

The BBQ Restaurant has several revenue streams and a large online following that make it a great acquisition opportunity.

All of the equipment was purchased new when the Company was founded a few years ago. The 3,300 sq. ft. building is owned by a related entity and is 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 customary assistance to a new owner through a transition period.

Dickey’s Barbecue Pit is a fast-casual BBQ restaurant franchise founded in Dallas, TX. The company is the largest barbeque franchise in the United States with nearly 600 locations in 43 states.

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.
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Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Michigan
Metropolitan Area: Coldwater
County: Branch

Company Information

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

Financial Information

Asking Price: $160,000
Gross Revenue: $704,700
Cash Flow: $91,700
EBITDA: $62,300
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:

Investment Highlights Include: (1) Several Revenue Streams: The Company is able to generate revenue from several different lines of business to create stable operating conditions not available to typical restaurants. (2) Absentee Owner: The Restaurant has a manager in place who handles day-to-day operations allowing for flexible management. This also creates an opportunity for business improvement through increased involvement with new ownership. (3) Well-Established Support Network: The Restaurant has a supportive network that provides useful guidance in managing the Company. (4) Great Reviews: The Restaurant is well-followed online and receives great reviews for its friendly staff and delicious food. Growth and Expansion Pros and Cons: (1) Add Alcoholic Beverages (2) Invest in Drive-Through Addition (3) Catering

Reason for selling:

Other business interests

Support & Training:

Ownership is willing to provide reasonable and customary transition assistance.

Contact Business Seller

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Business Listed By:

Max Friar

Calder Capital, LLC