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Growing Quick Serv Chicken Franchise - by Doug Jackson

Virginia Beach, VA
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Asking Price:$375,000
Gross Revenue:$1,100,000
Rent:$5,450/Month
Cash Flow:$140,000
Inventory:$4,000
FF&E:$250,000
Listing ID: 2303026Listing provided by BizBuySell
BUSINESS DESCRIPTION

Fantastic Upside with 4 Additional Franchise Licenses Included

This is a newly opened quick service chicken restaurant that is franchise for a fast growing operation. The seller has done a great job of getting the restaurant off the ground even though he has done so being close to completely absentee. With sales of $100,000 per month an active owner operator has the potential of taking out $10-15,000 per month. The sale includes four additional franchise licenses to open additional locations throughout the Tidewater area. This is a very interesting opportunity. For more information call Northern Virginia's Number One Business Seller - Doug Jackson

DETAILED INFORMATION
Location
Virginia Beach, VA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,000
Lease Expiration
01/12/2028
Employees
16
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Newly built out space within the past year with plenty of new equipment.
Competition
This location has taken off with little attention being paid by the seller. A active, on site owner can surely grow the business above it's already impressive numbers.
Support & Training
Seller will spend up to two weeks following initial training by franchisor.
Franchise
This business is an established franchise
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Doug Jackson
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