Profile: 2 Fast Food Franchises. The Lease Has Nine Years Left To Go.
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Ad/Listing Information
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| Status: |
Off The Market |
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| State: |
California |
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| Location: |
California |
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| Area: |
All of California |
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| County: |
None Given |
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| City: |
None Given |
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| Primary Category: |
Restaurant Related |
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| Secondary Category: |
None Given |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$610,000 |
| Down Payment: |
$299,000 |
| Annual Revenue: |
$627,322 |
| Annual Adjusted Net: |
$116,434 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Here Is Your Chance To Own This Top Quality Franchise!
Opened In Nov. 2006, This Popeye's Chicken & Biscuit Has Been Serving This Top Quality Chicken Menu To Locals For Close To Three Years Sales Have Are Expected To Increase To More Than 750,000 Per Year. An Owner-Operator Should Be Able To Make In Excess Of 150,000 Per Year. Food Costs Run About 30% And Labor Costs Run About 21%. Including Managment.
The Lease Has Nine Years Left To Go With An Additional Ten Year Option. Rent Is 6% Of The Gross Sale Approx 3,500 Per Month.
Popeye's Just Launched A Major Marketing Campaign On April 22, 2009 This Store Sales Were 5,000+ Just For That Day. Now That Will Mean Big Things For This And All Popeye's Locations Too
Contact Jack Flowers For Details.
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