Dickey's BBQ of Coldwater

Business Opportunity for Sale
Catylist Listing ID: 30458421
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $160,000
Name of Establishment: Dickey's BBQ
Franchised Business: Yes
Franchise Parent Name: Dickey's BBQ
Gross Revenue: $714,000 (Annual)
Cash Flow: $91,000 (Annual)
Last Updated: 8/6/2019

Overview / Comments

Outstanding opportunity! Sales up 20% year over year and growing. Top 10 Dickeys for growth. Absentee seller wants to deal so check this one out.

Founded in 2013, the Dickey’s BBQ in Coldwater, MI is a profitable and growing fast-casual restaurant for sale. The Restaurant is turn-key with a manager in place that manages daily operations. The current owner provides high-level oversight but is not involved in the day-to-day.

The BBQ Restaurant has several revenue streams and a large online following that make it a great acquisition opportunity.

All of the equipment was purchased new when the Company was founded a few years ago. The 3,300 sq. ft. building is owned by a related entity and is available for sale or lease.

The owner is seeking to transition the Company to new ownership so that he has more time to focus on other business interests. He is willing to provide customary assistance to a new owner through a transition period.

Dickey’s Barbecue Pit is a fast-casual BBQ restaurant franchise founded in Dallas, TX. The company is the largest barbeque franchise in the United States with nearly 600 locations in 43 states.

Opportunities For Growth:

(1) Add Alcoholic Beverages
(2) Invest in Drive-Through Addition
(3) Catering

Investment Highlights:

(1) Several Revenue Streams: The Company is able to generate revenue from several different lines of business to create stable operating conditions not available to typical restaurants.
(2) Absentee Owner: The Restaurant has a manager in place who handles day-to-day operations allowing for flexible management. This also creates an opportunity for business improvement through increased involvement with new ownership.
(3) Well-Established Support Network: The Restaurant has a supportive network that provides useful guidance in managing the Company.
(4) Great Reviews: The Restaurant is well-followed online and receives great reviews for its friendly staff and delicious food.

Real Estate Available: For sale or lease

Reason For Sale: The owner would like to focus more on his other business interests.

Number of Employees: 10

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Branch
Industry Segment: Restaurants
Reason for Selling: The owner would like to focus more on his other business interests.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: The building is for sale separately for 350,000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,343 15,980 21,483
Median Age: 33.46 37.66 39.1
Households: 1,958 5,179 7,402

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