2-Unit BBQ & Wing Franchise - 300K Annual Cash Flow

Charlotte, NC

Seller Financing Available

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Asking Price:$500,000
Gross Revenue:$1,885,000
Rent:$13,108
Cash Flow:$293,000
Inventory:$20,000
Established Year:2020
BUSINESS DESCRIPTION

When Pigs Fly!
Master Franchise Opportunity Without All The Fees
Early-Stage Franchise Offering

The owners of this BBQ & Wing concept have positioned the brand for franchise expansion growth. They are looking for the right operator that can take over these existing & profitable units, as well as help them drive future growth in the Carolinas. No need to build-out anything - you get the flagship locations + a dedicated team to help you grow these units & more.

This brand has adapted while others have stayed stagnant. Within each location, two independent brands operate - one that focuses on the Q and the other that focuses on some of the most impressive chicken wings you'll ever sink your teeth into. While they were already doing close to $1MM in annual revenue, the co-branding option simply added another 200K or so of revenue by only changing the marketing structure.

Locations are perfectly aligned with the target consumer. One 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 are set up to capture both in-house and 3rd party revenue opportunities.

For the right partner, the current owners are willing to waive all franchise fees and work side-by-side in the stores for up to a year. 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 person here is more important than finding someone with a check book.

Purchase both units or only one unit - your choice. 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
2023 Sales Revenue - $1.885MM
2023 Cash Flow - $293,000

Contact National Restaurant Properties to have a confidential conversation about this and other business opportunities in the F&B world. We are your greatest ally in the search for your next chapter.


DETAILED INFORMATION
Location
Charlotte, NC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,900
Facilities
Both units are attractive strip center locations with solid grocery anchor
Competition
BBQ & Wings are both leaders in the QSR category, with wings being a front-runner. Co-branded by design to capitalize on both menu genres.
Growth & Expansion
Owners are open to discussions about the buyer's role in the growth of the company. These two units transfer without any franchise fees or transfer fees. Take on only these units, 2 more units or 20+ units - you control that conversation.
Financing
50% Owner-Financing Available For Qualified Candidate
Support & Training
Yes - Owners will train up to 1 year on-site after purchase
Reason for Selling
To Focus on Brand Growth
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Neil Hawver
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Neil Hawver