Barbeque Restaurant Chain and Franchisor

Southeast US
Consumer, Food & Retail
Client Code: BN000041329
Revenue (Compiled): $19,048,246
EBITDA (Compiled): $2,739,261

The business offering consists of an award-winning barbeque restaurant franchisor, one barbeque restaurant franchisee, 10 corporate barbeque restaurants, and the administrative office.

Key Aspects

• From 2018 through 2021, revenue from all corporate restaurants grew at a compound annual growth rate (CAGR) of 4.6%

• From 2020 through 2021, revenue and gross profit (from all corporate restaurants) grew by 17.4% and 13.4%, respectively

• From 2018 through 2021, adjusted EBITDA for the franchisor grew at a CAGR of 29.1%

• Successfully serving customers for over 33 years

Opportunities

• Continue to develop the franchise, expand geographic reach, and add additional locations to increase revenue

• Increase marketing efforts through new channels to capture a greater market share

• Continue to negotiate pricing agreements with key suppliers to support margin growth

• Expand the existing customer loyalty program 

Headquartered

• Southeast, US 

Current Markets

• Each restaurant serves individual consumers with dine-in, take-out, online ordering, and catering options, in five US states. 

Real Estate

• As of 2022, the company operates from 10 corporate restaurants, an administrative office, and one franchised location. Affiliated entities own the real estate for five corporate restaurants and the administrative office space, while the company leases the remaining five corporate restaurants from unrelated third parties. Ownership does not intend to include real estate as part of the company sale. However, ownership is open to negotiating long-term leases for the affiliate owned real estate.