Listing ID: clt1165
Asking Price: $500,000
Sq. Ft.: 2900
Total Revenue: $1,885,000
Cash Flow: 293000
Rent: $0
Available Financing: true

Pigs Do Fly w/ This Popular Local Brand!
Master Franchisee Opportunity Without All The Fees
Early-Stage Franchise Offering – Buy One Unit or Buy Both

The owners of this popular & well-branded BBQ & Wing concept have positioned the brand for expansion. Now they are looking for the right operator to take over these existing & profitable units, and drive the growth of the brand in the Carolinas. You get the flagship locations + a dedicated team to help you grow these units & more.

Other BBQ brands have stagnated with growth over the past few years. But this brand has flourished. Within each location, two independent brands operate – one that focuses on the BBQ and the other that focuses on their lip-smackin-good chicken wings. Prior to co-branding each unit was already doing close to $1MM in annual revenue, but the co-branding effort gave them a boost of another 200K or so in revenue by – only changing the marketing structure.

Locations are perfectly aligned with the target consumer. One is located on the outskirts of CLT and the other in the Triad area of NC. Each location is set up for success with solid revenues & profits. Both locations have proven 3rd party sales performance as well – which has become the lifeline of most businesses in today’s environment. And both units are already fully staffed with everyone you should need moving forward.

For the right operator, all initial franchise fees and being waived and current owners will work side-by-side in the stores for up to a year. Providing as much or as little support as you’d like.

This is a unique opportunity to get in on the ground floor of a concept that has all the pieces required to really capture market share in the BBQ & Wing categories. Very few people have the chance to say they were one of the 1st within a concept. If you’ve got the right knowledge and the right tools, the owners of this brand would like to have a conversation with you about becoming one of the key ingredients behind their growth – and be rewarded for your efforts. Finding the right fit is extremely important to them, since there will be a tight working relationship moving forward. Bring value to the table and the deal can get sweeter.

Here’s the economics … 

Unit 1 – $300,000 Purchase Price (50% Owner-Financing)
Revenue – on pace to clear $1.2MM this year
Cash Flow in 2023 – $135,000

Unit 2 – $200,000 Purchase Price (50% Owner-Financing)
Revenue – on pace to clear $1.1MM this year
2023 Cash Flow – $158,000

Both Units – $500,000 Purchase Price (50% Owner-Financing)
2023 Sales Revenue – $1.885MM
2023 Cash Flow – $293,000

Contact Neil Hawver in our CLT office to schedule a confidential review of this and other business opportunities across the CLT metro.

Restaurants For Sale Charlotte

To request more information about this listing, please contact:
Neil Hawver