Franchised Wing Restaurant
| Asking Price: | $110,000 |
| Gross Revenue: | $534,000 |
| Rent: | $2,800/Month |
| Cash Flow: | $52,000 |
| Inventory: | $6,000 |
| Established Year: | 2006 |
Long Term Location - $460k+ Sales to Date in 2024
Franchised wing restaurant - counter/take out service only
No servers or in-restaurant seats
Original Bone-In Wings makes up nearly 90% of all orders, currently looking at narrowing the menu (which has been approved by the franchise) to remove items which cause waste due to low order count.
Sales for Jan. 2024 thru Nov. 12 is $460k and continuing to grow daily. Weekly payroll is between $3000-3500. Only the full-time General Manager is offered benefits.
Long-term General Manager in place with strong, yet small experienced staff. This unit functions today as a remotely owned location, but could be significantly more profitable as an owner-operator location. You can easily run midweek shifts with one person if necessary.
The current lease runs through May 2025, landlord will offer lease extension but we have not signed extension leaving flexibility for new owner to make final decision. Extension offered are the same terms we are operating under so there is no issue just signing the lease extension to keep everything operating as it has for a long-time.
Great location very close to University of Alabama campus. This unit has been in the same location for nearly 20 years and is very well known to the community around it, but there could be an upside to moving to a larger location in the future to offer in-restaurant seating.
