Steve Josovitz of The Shumacher Group, Inc. Sells Shanes Rib Shack Snellville GA Restaurant w/Real Estate. The Shumacher Group, Inc. and Steve Josovitz represented Seller in the transaction but assisted all parties to a flawless Closing.
About:
Metro Atlanta GA Shane’s Rib Shack Franchise BBQ Quick Service Restaurant for Sale or lease.
Located at 4017 Annistown Road Suite J, Snellville, GA.
Shane’s Rib Shack is an American fast casual BBQ franchise, serving slow-cooked baby back ribs, hand-chopped chicken and pork, and Southern-style side dishes. They are located in ten states, with most of their restaurants located in the state of Georgia.
Sale includes Business, Real Estate, and building.
Same Owner 10-Years.
Hi-Traffic location is adjacent to nationally anchored shopping centers.
Freestanding
3100/SF.
.60 Acre Parcel.
100-Seats.
Outdoor Seating for 20.
Parking for 70.
2021 Gross Sales $1,100,000 approximately.
2021 Net Profit $50,000 after paying all expenses.
2022 Gross Sales $85,000 monthly approximately.
2022 Net Profit of $10,000 monthly after paying all expenses.
2023 on track to do $1,000,000.
Local Training.
A full staff of 20.
Management includes the General Manager, Kitchen Manager, and 2-Keyholders.
The owner spends 30 hours overseeing the operation.
Assets include 3-Southern Pride Smokers.
Retirement forces sale.
Priced at $1,499,000 with real estate and business.
