Semi-absentee Very Profitable Korean Fried Chicken Restaurant

Florida
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Asking Price:$530,000
Gross Revenue:$1,265,863
Rent:$5,800
Established Year:2021
Cash Flow:$312,738
Inventory:$17,250
FF&E:$54,600
BUSINESS DESCRIPTION

Successful Korean Style Fried Chicken Restaurant in South Florida!

Truly semi-absentee and SBA pre-qualified. This is a very successful Korean-Style Fried Chicken franchise, renowned for its delicious, authentic Korean fried chicken and exceptional customer service. Fully staffed with 10 employees and operational management in place. Both owners have day jobs and do not supervise the daily operations. Very profitable in just 3 years of operation, with an excellent long-term lease and optional 5 years extension available. This is the perfect opportunity for a buyer/investor looking for an established, turn-key operation. Fully equipped with a state-of-the-art kitchen and serving robot. The franchise transfer fee of $40,000 is not included in the asking price, but is included in the pre-qualified SBA loan. This business will certainly qualify for an investor visa. All prospective buyers will have to be approved by the franchisor and the landlord, and will be asked to provide a BIO/CV and proof of funds/ financial statement before further disclosure. Please refer to listing 2201149295 and advisor Fernando Mello when inquiring.


DETAILED INFORMATION
Location
Florida
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,475
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Business Location is Leased Type of Location Strip Center Facilities Monthly Rent $5,800.00 Square Units (Foot, Meter) 1,475
Financing
Owner Financing Amount $70,000.00 Owner Financing Interest 8% Owner Financing Terms M
Support & Training
Seller will train for 2 weeks at no cost
Reason for Selling
Other
Franchise
This business is an established franchise
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Fernando
Mello
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Fernando Mello