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Franchise Fried Chicken Restaurant
Location Texas,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $690000
Net Profit / Cash Flow $157000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1995
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Seller will train buyer for a smooth transition.
Reason for Sale Retirement.
Description Free standing franchise fried chicken restaurant with real estate is now available for an acquisition. Situated on a prime street in S. Dallas, this restaurant is occupied has a direct exposure to the prime street that generates tremendous traffics every day. This franchise fried chicken restaurant has been offering nothing but fried chicken to customers for 17 years at the same location. This restaurant does about $690K in annual revenues in this severe recession. Being a landlord, the current owner does not have to pay any rent. Since the restaurant is currently being run without any owner's involvement, pro-active involvement in the restaurant will help this restaurant reach its full potential. This is a great opportunity to purchase a free-standing franchise fried chicken restaurant with real estate.
Asking: $1,200,000
Furniture, Fixtures & Equipment: $70,000 (Included in listed price)
Inventory: $2,500 (Included in listed price)
Real Estate: $800,000 (Included in listed price)
Financing: 100% Cash at Closing
Facilities: Located in the intersection about one block away from one of the major freeway in Dallas, this business is largely benefited by tremendous traffics generated from the intersection. Total SF of the building is approx. 1,530 sf and land size is 21,309 SF. All equipments are immaculately maintained. Pylon signage makes visibility even easier.
Competition: One direct competition is found, but both locations have been together in the same location for years.
Growth And Expansion: Considering its prime prime location, it has an unlimited potential to grow.
Primary Phone: 972-247-3202 or 866-519-2421
Click Here To Contact Seller
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