Wing Franchise for Sale in Richmond with $630,000 in Sales 2023

Richmond, VA
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Asking Price:$149,000
Gross Revenue:$579,595
Established Year:2021
Cash Flow:$58,975
Rent:$4,000/Month
BUSINESS DESCRIPTION

Wing Franchise for Sale in Richmond with $630,000 in Sales 2023

Your chance to become a part of this established, well-known franchise brand is here with this Wing Franchise for Sale! This National franchise is perfect for anyone who wants an unparalleled brand experience with proven success. The current owner has owned the location since 2021 and is ready to hand over their legacy to a new owner, so they can relocate. Their relocation requirements for other business' is opening the door for you to purchase this Franchise for a fraction of the cost of a builtout! Offered by We Sell Restaurants, this particular Wing Franchise for Sale definitely lives up to the brand's hype; located in a high visibility setting on a highly traveled Road. The monthly rent is $4000. The location has 2,000 square feet. This Wing Franchise for Sale has sales of $630,605 in 2023. You can easily increase sales and profits by utilizing third-party delivery services to service the area, expand the catering portion of this business which has been neglected, and introduce yourself to the local business community.
The Equipment list at this Wing Franchise for Sale is extensive and includes everything you need to continue serving up these tasy wings! 3 Fryers, Flat top, grill, 3 compartment sink, all smallwaresmiscellaneous shelving, prep tables, sheet pan racks, scale, display case, tomato slicer, walk in cooler, walk in freezer, reachi in cooler, reachi in freezer and more! Everything including the Franchise Branding is in palce the day you take over operations!
By purchasing this Wing Franchise for Sale, you are able to become your own boss without the stress of going into business by yourself. The owner is offering training to a new owner, as well as the franchise training offered by the Franchise Brand. To cover this initial training and the ongoing support, there is a $15,000 transfer and training fee. For use of their instantly recognizable and widely promoted trademark, award-winning recipes, and their Successfully proven methods there is an 7%% of sales royalty fee. To cover the costs of the provided materials that coincide with their nationwide promotions, there is also a modest 3%% marketing fee. By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.


DETAILED INFORMATION
Location
Richmond, VA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
28/02/2025
Employees
6
Facilities
Hood in Place Grease Trap in Place in ground 3 fryers flat top grill 3 compartment sink smallwares misc shelving prep tables sheet pan racks scale display case tomato slicer walk in cooler walk in freezer glass door reach in cooler reach in freezer other refrigeration ice machine sandwich prep coolers 14 count of tables 15 chairs seating for 38 people sound system pos system security system with cameras safe copy machine store decor flat screen tvs booster seats neon signs utility carts
Competition
Located on a very heavily traveled road in Richmond. Great visibility
Growth & Expansion
Owner/operator that has the time to put into this could see incredible returns. Current owner has other obligations taking them away from the store out of state.
Support & Training
3 months
Reason for Selling
Relocation
Franchise
This business is an established franchise
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Eric
Gagnon
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Eric Gagnon