Last Revised: 9/10/19. Posting #: 250298
Key Words: fast food, bbq, american, dickeys, franchise los angeles, absentee
Financial Info: Price: $250,000. Down: $20%+. Adjusted Net: Call. Annual Revenues: Call. SBA Loan Possible for an Industry Experienced Buyer. Seller shall provide owner financing for up to $125,000 for a qualified buyer to assist in obtaining third party bank financing.
Profile: Great opportunity to acquire a very attractive, newly established Dickey's franchised location at a fraction of cost of establishment of a new Dickey's store front.
Dickey's Barbecue Pit is the fastest growing and is the largest barbecue restaurant chain in the country with 560+ locations in 42 states.
California market has about 84 operating locations with ample room for growth within the brand.
This Dickey's is surrounded by high density potential clientele for an energetic buyer to explore for added patronage.
Current ownership is in a limited capacity resulting in very high payroll related expenses as well has high food costs.
Additionally, current ownership allocates minimal time and resources towards advertisement and promotion of this business, resulting in lack of exposure and potential lost revenues.
Current ownership estimates that all in over $450,000 was expensed in establishment of this Dickey's location.
Attractive, newly no expense spared establishment, premium high visibility location, long term lease, fully trained staff in place and current absentee ownership presents a great acquisition opportunity.
Lastly, Seller shall provide owner financing for up to $125,000 for a qualified buyer to assist in obtaining third party bank financing and lowering the bar to entry and facilitate in acquisition of this business location.
Alternatively, it is estimated that a qualified buyer with industry experience may qualify for a very low down payment of 20% SBA loan.
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Profile: Having owned businesses for over 22 years, my interest turned to listing and selling businesses rather than owning them. I specialize in high volume restaurants, fast food independents & chains, bars, liquor stores, small manufacturers & service businesses in Orange and LA Counties in California.
Key Words: joe ranieri, remax, re/max commercial, business broker, restaurant, cafe, fast food, buffet, retail, bakery, food, juice, bars, mexican, coffee, tea, dessert, sandwich, grill, coffee house, mediterranean, turkish, pizza, asian, sushi, japanese, chinese, sports bar, diner, liquor, market, mart, orange, san bernardino, huntington beach, long beach, los angeles, costa mesa, hollywood, fountain valley, cerritos,
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Profile: A big reason that businesses never sell is because they are overpriced. BizBenNetwork Senior Facilitator Manager Jordan Green shares helpful tips with business owners to properly value their business and reviews costly mistakes to avoid in order to establish a fair asking price for a business.
Key Words: jordan green, intangible assets, equipment, value, business brokers, business owners, sellers, improvements, sales multiple, net income, business for sale, preparing a business for sale, valuation
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Key Words: restaurant, spencer siegel, restaurants, convert, deli, sandwich, fast food, buying, buying a restaurant, converting
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