Drive thru location-busy street

San Diego, CA
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Asking Price:$399,999
FF&E:$325,000
Gross Revenue:$1,200,000
Established Year:2017
BUSINESS DESCRIPTION

Extremely popular chicken franchise with a drive thru!

Popeyes is E-2 visa compatible and an outstanding opportunity for all looking for a turnkey business ready to go now!

This is a location where the sellers spent years and close to a million dollars to build out!

It is a bargain and will save you endless time and hassle, not to mention the $ saved if you tried to build out a location on your own.

Sellers spent nearly a million dollars building this location out, their loss gain be your huge gain.

From Popeyes marketing team:

“There has never been a more exciting time to join and grow with Popeyes, one of the most successful QSRs in the world. Founded in 1972, Popeyes has great history and culinary tradition. Popeyes culinary heritage is built upon the rich Cajun and Creole flavor profiles that are unmistakably Louisiana. We continuously draw upon and celebrate this heritage to inspire new, authentic menu creations the world craves. Popeyes distinguishes itself with a unique New Orleans style menu featuring spicy chicken, chicken tenders, fried shrimp and other regional items. This unique and flavorful food has allowed Popeyes to become one of the world’s largest chicken quick service restaurants, with over 2,700 restaurants in North America.”



Location is in near new condition and shows as an immaculate restaurant.

Drive thru available for quick serve and high margin service option also has a very nice dining area available for dine in option.

Kitchen is everything you could imagine and need for this and many other concepts.

Hood system, walk in cooler and walk in freezer, this place has it all.

Seller would prefer to sell as a franchise and there is more value added as a franchise sale, but many concepts and menus would be supported by this outstanding location and build out.

Restaurant is approximately 1800 sq feet with rent of 8100/month plus NNN of 3500/month.

Total rent is approximately $11,600/month.

Current lease term expires 12/31/2027 with five five-year options. Your control over this space ends in 2042!

Sellers have been nearly absentee owners since they opened the business. Sales have been over a million dollars per year in 2022 and 2023 and they are on pace for over a million again in 2024.


DETAILED INFORMATION
Location
San Diego, CA
Inventory
Not Included in asking price
Employees
18
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Turn key franchise location with Drive thru
Support & Training
franchise to provide training
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Rob
Tade
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Rob Tade