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.
Professional Resources & Contacts To Help You Close Your Deal!
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Profile: William Bruce Business Sales & Acquisitions, LLC is a full service, national business brokerage and valuation firm for privately held businesses with special attention given to pricing, strategic marketing, successful negotiation and prompt closings, all while maintaining strict confidentiality.
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Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
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Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
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Key Words: buying a business, business buyers, buyer, buyers, buying a small business, absentee, absentee run, pre-qualification, financing, loans, sba loans, deposits, business purchase financing, due diligence, jordan green
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