Profile: Chicken Franchise In LA County- Established Store W/Low Rent.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Gregg Tobin, Agent
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| Primary Phone: |
949-546-0903 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/11/09 |
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| Date Last Revised: |
10/11/09 |
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| BizBen Ad #: |
145234 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$250,000 |
| Down Payment: |
Cash |
| Annual Revenue: |
$533,884 |
| Annual Adjusted Net: |
$102,247 |
| Price Range: |
$100,001 to $250,000 |
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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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California Based Fast Casual Chicken Franchise That Serves The Highest Quality Fire-Grilled Chicken And Mexican Food Has Refined Operations While Offering A New Look And Expanded Menu. The Restaurant Is One Of The Better Stores In The System And Based In Los Angeles County. The Restaurant Was Been Operated Absentee By The Owners So The Cash Flow Is Reflective Of An Owner-Operator With The Managers Compensation Of $33,000 Added Back.
With The Total Investment Level From $452,000-$550,000 For A New Store, This Is An Excellent Opportunity To Purchase An Existing Store For Almost Half Of The Investment Price. The Locally Based Franchise Offers Excellent Support And There Is A Long Term Lease In Place.
The Rent Is Only $2,830 Per Month For 1,600 Sq. Ft Which Is Amazingly Cheap And Is Only 6.5% Of Sales. Everything Is In Place For A New Owner To Step In And Take Over The Business.
Facilities: Highly Visible Location On A Busy Street. Lease Is Good Through 2014 With A 10 Year Option.
Growth And Expansion: The Franchise Is The Only Fast Casual Chicken Chain Specializing In Home Delivery. A Hands-On Owner Could Possibly Increase Sales With Catering And Cut Expenses.
Support/Training: Franchise Taining-6 Weeks
Reason Selling:
Year Established: 2004
Employees: 2 Ft & 8 Pt
There Is $5,000 Inventroy Included With The Price
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Gregg Tobin, Agent at 949-546-0903 Non Disclosure Agreement |
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