000 For Owner Atlanta, GA 30307
This established Shane's Rib Shack franchise in Atlanta, GA presents a compelling investment opportunity. Located in Fulton County (zip code 30307), this 2,600 square foot restaurant boasts impressive annual sales of $1.4 million, generating a substantial owner's earnings of $155,000. Built in 2006, the restaurant is fully equipped with all necessary equipment including ovens, prep tables, a BBQ smoker, shelving, seating, and smallwares. The lease, expiring January 30, 2029, is favorable at $15,118 per month and includes assignable options, providing long-term stability. The franchise offers comprehensive support, including training and ongoing guidance from the brand, with competitive royalties (5% of sales) and marketing fees (2%). The restaurant comfortably seats 80 patrons and features a hood system and in-ground grease trap. SBA financing is available for qualified buyers. This turnkey operation, with its established customer base and prime Atlanta location, offers a rare chance to acquire a thriving business with significant earning potential. The franchise has 16 employees and enjoys a strong reputation within the fast-casual dining market. The sale includes all existing equipment and the transfer of the franchise agreement for a nominal $15,000 fee.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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