Share This Posting from BizBen.com
Share this listing with a friend, colleague, or interested buyer!
Tennessee
Confidential Multi Unit Hot Chicken Franchise Portfolio – NC Grow
Asking Price
$995,000
Revenue
Call/Email
Down
$100,000
Cash Flow
Call/Email
Name: Carven Cheung
Name
Carven Cheung
Description
Offered for acquisition is a confidential three unit fast casual hot chicken franchise portfolio located in high growth North Carolina markets. The restaurants operate under a nationally expanding, modern hot chicken brand with strong consumer appeal, efficient operations, and a delivery friendly model.
This opportunity is ideal for an owner operator, multi unit franchisee, or strategic buyer seeking immediate scale with both stabilized cash flow and near term growth upside.
Portfolio Highlights
• Three operating franchise locations in dense, middle income trade areas
• One stabilized, cash flowing unit anchoring the portfolio
• Two newer locations in ramp up phase with meaningful upside
• Modern buildouts and equipment packages
• Nearly $500,000 in fixed asset value
• Favorable COGS, labor, and occupancy metrics
• Strong brand momentum with continued national expansion
Financial Snapshot (2025)
• Combined Annual Sales: ~$1.54M
• Net Margins: 7.5% – 12.5% by location
• Competitive cost structure with opportunity for margin expansion as volume increases
(Full financials available upon execution of an NDA.)
Market & Demand Drivers
The locations operate within high population, delivery dense North Carolina trade areas supported by:
• Strong workforce participation and commuter traffic
• Consistent demand for value driven fast casual dining
• Limited saturation of national hot chicken concepts
• Favorable demographics aligned with digital ordering and off premise dining
Growth Opportunities
Significant upside remains for a hands on or experienced operator, including:
• Expanded local store marketing and community partnerships
• Delivery and digital optimization across third party platforms
• Catering and group sales (corporate, schools, healthcare, events)
• Portfolio level labor efficiency and purchasing leverage
• Coordinated regional marketing across all three units
Why This Opportunity
• Immediate scale without new build risk
• Balanced mix of stability + growth
• Strong asset value providing downside protection
• Ideal platform for expansion within the region
Confidentiality
Brand name, exact locations, and financial details are strictly confidential.
Interested parties must complete a Non Disclosure Agreement (NDA) to receive the Confidential Information Memorandum (CIM) and further details.
Business Details
Year Established:
2024
FE&E:
$497,505
Reason for sale:
Other business interest
Lease & Tenant Information
Lease Options:
N/A
Other Information
Listing Number:
12451-645590
Sales:
$2,392,161
Seller's Discretionary Earnings:
$228,085
Posting Information
Posting ID:
ID tw:88675 / Listing Number 12451-645590
Business Category:
Restaurants
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Confidential Multi Unit Hot Chicken Franchise Portfolio – NC Grow
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*88675
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
Recommended Businesses
Tennessee
Prime Franchise Opportunity - Great Location & Strong Brand
$ 195,000
A unique opportunity to own a thriving fast-casual franchise restaurant at an exceptional value. Known for its high-quality fresh ingredients, outstanding customer service, and inviting atmosphere, this location has built a loyal customer base and enjoys steady demand year-round. Positioned in a high-traffic business district, the restaurant benefits from strong visibility and consistent foot traffic. When established in 2011, the location underwent a full buildout totaling $106,600, featuring significant leasehold improvements that add to the long-term investment value. The sale includes all furniture, fixtures, and equipment, making this a turnkey opportunity. As part of a recognized national franchise, the new owner will receive comprehensive training, operational support, and proven marketing strategies to ensure a smooth transition and continued success. The restaurant is fully staffed with 10 employees, including 5 shift leads (excluding the owner), providing a well-structured team ready to support daily operations. The current owner is selling to retire and is offering 15-20 business days of hands-on training at no additional cost, in addition to the required franchise training, ensuring a seamless transition for the new owner. This is a rare chance to step into a well-established, profitable restaurant with strong brand support and room for future growth! With consistent revenue and growth potential, a new owner can further increase sales by expanding hours, enhancing catering services, and maximizing delivery partnerships. https://tworld.com/locations/Tennessee/knoxvillechattanooga/listings/Prime-Franchise-Opportunity-Great-Location-Strong-Brand
Tennessee
Confidential Multi Unit Hot Chicken Franchise Portfolio – NC Grow
$ 995,000
Overview Offered for acquisition is a confidential three unit fast casual hot chicken franchise portfolio located in high growth North Carolina markets. The restaurants operate under a nationally expanding, modern hot chicken brand with strong consumer appeal, efficient operations, and a delivery friendly model. This opportunity is ideal for an owner operator, multi unit franchisee, or strategic buyer seeking immediate scale with both stabilized cash flow and near term growth upside. Portfolio Highlights • Three operating franchise locations in dense, middle income trade areas • One stabilized, cash flowing unit anchoring the portfolio • Two newer locations in ramp up phase with meaningful upside • Modern buildouts and equipment packages • Nearly $500,000 in fixed asset value • Favorable COGS, labor, and occupancy metrics • Strong brand momentum with continued national expansion Financial Snapshot (2025) • Combined Annual Sales: ~$1.54M • Net Margins: 7.5% – 12.5% by location • Competitive cost structure with opportunity for margin expansion as volume increases (Full financials available upon execution of an NDA.) Market & Demand Drivers The locations operate within high population, delivery dense North Carolina trade areas supported by: • Strong workforce participation and commuter traffic • Consistent demand for value driven fast casual dining • Limited saturation of national hot chicken concepts • Favorable demographics aligned with digital ordering and off premise dining Growth Opportunities Significant upside remains for a hands on or experienced operator, including: • Expanded local store marketing and community partnerships • Delivery and digital optimization across third party platforms • Catering and group sales (corporate, schools, healthcare, events) • Portfolio level labor efficiency and purchasing leverage • Coordinated regional marketing across all three units Why This Opportunity • Immediate scale without new build risk • Balanced mix of stability + growth • Strong asset value providing downside protection • Ideal platform for expansion within the region Confidentiality Brand name, exact locations, and financial details are strictly confidential. Interested parties must complete a Non Disclosure Agreement (NDA) to receive the Confidential Information Memorandum (CIM) and further details.
Knox County, Tennessee
Established Fast-Casual Restaurant | Proven Concept | Turnkey Biz
$ 380,000
Are you looking to invest in a thriving restaurant business in East Tennessee? Look no further than this exceptional opportunity to own a well-established Sandwich Shop known for its delicious offerings and loyal clientele. For sale is an established fast-casual restaurant specializing in hot sandwiches, wings, and other customer favorites. This well-known business has built a loyal customer following through quality food, consistent service, and a strong reputation within its market. The turnkey operation is supported by experienced staff, established operating procedures, and the infrastructure necessary for a smooth ownership transition. The business is positioned in a busy shopping center and benefits from repeat customers, multiple revenue streams, and a proven concept that has demonstrated long-term viability. Significant opportunities remain for growth through expanded marketing initiatives, catering services, third-party delivery platforms, menu enhancements, and increased community engagement. This is an excellent opportunity for an owner-operator or investor seeking to acquire an established restaurant with a recognizable presence, solid operational foundation, and continued upside potential. Ownership is committed to ensuring a seamless transition and is seeking a qualified buyer to build upon the business's success. Additional details will be provided upon execution of a confidentiality agreement. Inquire now to get more information! Presenting the breakfast menu from corporate. This would allow the business to open up at 7am to provide more choices. https://tworld.com/locations/Tennessee/knoxvillechattanooga/listings/Established-Fast-Casual-Restaurant-Proven-Concept-Turnkey-Biz
Knoxville, Tennessee
Multi-State Sportswear Team Apparel Retail and Customization Biz
$ 1,700,000
Established in 2004, this Knoxville based independently owned multi-state sportswear team apparel retail and customization business invites buyers to lead a thriving operation deeply connected to a niche water-related athletic community. Expandable concept to any sportswear niche. Anchored by a flagship retail shop in Knoxville—also serving as the customization center and warehouse—it extends its reach through two pro-shops in separate southeast states, forming a robust regional network. Specializing in custom team apparel, the business outfits teams with personalized gear to enhance team identity, accessible via private shopping portals on a dynamic e-commerce platform alongside a public storefront. Each location is fully staffed with managers in place at both pro-shops. Dedicated hands-on owner-operator works on average 40 hours per week, with management in place for those considering a more semi-absentee framework. This niche retailer excels at athletic events, operating pop-up shops across four states to directly engage passionate athletes, with 1–3 staff managing multi-day pop-up events, often involving overnight travel. All custom orders are shipped from the main location in Knoxville. Steady growth reflects strong demand, surpassing online competitors through hands-on service. Growth opportunities abound in regions with dense team populations, and a stronger digital presence can boost sales. The seller will provide hands-on training and a period of consulting for a seamless transition, making this a turnkey opportunity for a community-driven buyer. Cash flow supports SBA financing, ensuring a six-figure owner income. FF&E and INVENTORY are included in the List Price. Long-term leases are expected to be available to all qualified buyers. This business demonstrates consistent performance with strong profit margins, driven by its niche focus. Numerous opportunities for growth. Do not delay, contact Sheila Hansen at Transworld Business Advisors of Knoxville today to request an NDA to learn more about this opportunity. Expand into large markets with dense team populations by opening new pro-shops, leveraging the customization expertise honed in Knoxville. Enhance the website with robust e-commerce features and virtual team consultations. Introduce new services like team branding packages, amplify email marketing to the extensive customer list, and boost social media engagement to drive sales and deepen community connections. https://tworld.com/locations/Tennessee/knoxvillechattanooga/listings/Multi-State-Sportswear-Team-Apparel-Retail-and-Customization-Biz
Knoxville, Tennessee
Profitable Specialized Outpatient Counseling and Therapy Practice
$ 2,750,000
Established, thriving outpatient counseling and therapy practice that has grown into a well-respected, professional operation serving clients in the Knoxville region. The practice features a dedicated team of clinicians, including licensed professionals, pre-licensed therapists, and interns, delivering high-quality, specialized care in a confidential, supportive environment. Operating on a proven cash-based model with superbills provided for out-of-network reimbursement, the practice maintains strong client retention and consistent performance. A professional general manager oversees day-to-day operations, allowing the owners to focus on clinical work. Key Strengths: Scalable model with experienced clinical and administrative infrastructure Strong, recession-resistant demand in the behavioral health sector Clear growth opportunities, including the potential for a second location Turnkey operation with low owner dependency The motivated seller-partners are committed to a smooth transition and are open to remaining involved post-sale as senior clinicians. They welcome both full 100% acquisition and flexible partnership structures (e.g., controlling interest with retained minority stake) to support continued growth. This is an excellent opportunity for a qualified buyer seeking a mature, profitable counseling practice with immediate cash flow and expansion potential in a high-demand market. If you're an investor, behavioral health professional, or strategic buyer seeking a cash-flowing platform with low owner dependency and real upside, this could be an ideal fit. Serious, qualified buyers: Request NDA for detailed financials, operations overview, and valuation support. Contact Sheila Hansen at Transworld Business Advisors today to discuss this exceptional practice and explore flexible structures tailored to your vision. This practice is outgrowing its current office space. There is significant potential for substantial growth by adding another office space and additional staff. Detailed Business Summary will provide more information on growth potential. https://tworld.com/locations/Tennessee/knoxvillechattanooga/listings/Profitable-Specialized-Outpatient-Counseling-and-Therapy-Practice
Knox County, Tennessee
Turnkey Gourmet Bakery with Multiple Revenue Streams
$ 150,000
This gourmet specialty bakery offers a unique line of premium and traditional baked goods, crafted using high-quality ingredients and small-batch production methods. Known for its inclusive product lineup, the business provides gluten-free and allergy-friendly options for nearly every flavor, which has helped cultivate a strong and loyal customer base. The company operates through a retail storefront, as well as a growing online sales channel, corporate gifting program, and pop-up/event schedule, providing multiple, diversified revenue streams. The brand has developed a distinctive identity and enjoys an enthusiastic following across the region. After establishing the business and building a well-recognized brand, the current owner is prepared to transition the company to a new operator in order to dedicate more time to family. This presents an excellent opportunity for a buyer seeking a turnkey, well-loved specialty food business with both a stable foundation and meaningful pathways for continued expansion, including increased online reach, corporate gifting partnerships, and product line development. https://tworld.com/locations/Tennessee/knoxvillechattanooga/listings/Turnkey-Gourmet-Bakery-with-Multiple-Revenue-Streams
Knox County, Tennessee
Turnkey, Modern Coin Laundry with Real Estate
$ 2,950,000
For sale is a modern, clean, updated coin and card operated laundry in a high-traffic metro area with strong renter demographics. The business has been well maintained, with a number of new machines in place. It is staffed by a manager and four part-time employees, making it a turnkey, semi-absentee operated business. Owner spends 5-10 hours per week working in the business. Sales and profitability have risen steadily under current ownership, and now the Owner is ready to transition to the right buyer to focus on other business interests. Proof of funds required to receive business details. Real estate valued at $650,000 included in asking price. Only serious buyer inquiries. Growth Opportunities: - Promoting the business more to the local community via mailers, flyers, and social media. - Expanding Wash N Fold business and add pickup/delivery - Extend evening hours or make laundry 24/7 https://tworld.com/locations/Tennessee/knoxvillechattanooga/listings/Turnkey-Modern-Coin-Laundry-with-Real-Estate
Knox County, Tennessee
Popular and Profitable Metro Area Bar
$ 650,000
This is a rare opportunity to acquire a successful bar located in a thriving downtown district with strong foot traffic. The business offers a unique atmosphere that has helped build a loyal customer base and an excellent reputation in the market. Operations are highly refined, with systems in place that allow for effective cost control and consistent performance. The business has demonstrated steady profitability year over year, making it an attractive opportunity for an owner operator or investor seeking a proven concept. Highlights: • Prime downtown location in a booming area • Consistent profitability with strong financial history • Unique concept w/great reputation and repeat customers This is an excellent opportunity to acquire a turnkey hospitality business with strong momentum and upside potential. This business has been prequalified for SBA financing for qualified buyers. https://tworld.com/locations/Tennessee/knoxvillechattanooga/listings/Popular-and-Profitable-Metro-Area-Bar
Recommended Brokers
ProInter
Ryan Rienhart
ProInter
Matt Manavi
Transworld Business Advisors of Orange
Transworld Business Advisors is a world leader in the marketing and sale of businesses, franchises, and commercial real estate. Transworld offers professional services that brings buyers and sellers together whether you represent an acquisition minded corporation or are personally interested in owning your own company. Services Offered Sell and Buy any business type; Corporate M&A;...
California
ProInter
Brett Sargent
Sunbelt Business Brokers of Sacramento
Sunbelt of Sacramento, California is the exclusive franchisee representative of Sunbelt Business Brokerage for the Northern California territory. Headquartered out of the Sacramento region, Sunbelt of Sacramento covers multiple counties in Northern California, representing both Sellers and Buyers in Main Street as well as Mid-Market business transactions. Sunbelt of Sacramento provides full...
Sacramento, Placer, Yolo El Dorado Counties
ProInter
Bashir Tariq
Century 21 Masters | Commercial Division
Business Sales and Commercial Real Estate All types of Business Sales, Purchases and Commercial Properties • Car Washes, Gas Stations, • Automotive Service Centers & Car Lots • Fast Food, Restaurants and Franchises • Liquor Stores & Convenience Markets • All types of Business Sales • Service-Tech Based Businesses • Retail Shopping Centers, Investment Properties • Multi-Family Properties &...
Califonia, Nevada
ProInter
Lee Petsas
UBI Business Brokers
Lee Petsas has been selling businesses with UBI Business Brokers in Southern CA since 1981. In 1999 he became the Owner and Broker for UBI. He has been approved multiple times by Courts as an Expert Witness in the area of Business Valuations. You can reach Lee direct at 714-363-0440. UBI Business Brokers has been successfully selling businesses in Southern California since 1965. Our Agents...
Southern California
ProInter
Matt Weiler
California Business Broker
Business Broker Specializing in primarily gas stations. Geographic area of focus: San Francisco Bay Area and Northern California — from Sacramento County to Monterey County.To sell or buy a small or large gas station sales, car washes, liquor stores, convenience stores, laundromats, dry cleaners, and small-to-mid-sized business transactions. Call Matt (gas station business broker specialist)...
San Francisco Bay Area, North Bay, San Francisco Bay Area and Northern California — from Sacramento County to Monterey County.
ProInter
Julieanna Wakileh
Liberty Business Advisors of San Francisco Inc. - Preschool Center Specialist
I have 30 years of experience, working, founding, owning, operating, consulting, and selling preschools. I'm very knowledgeable with procedures that are required for selling preschools. My practice, knowledge and education in both the Early Childhood Development field and the Real Estate field, puts me ahead in understanding the complexities and care that are needed for the sale of preschool...
SF Bay Area, North Bay, Sacramento
ProInter
Dustin Sigall
SD Business Advisors
With over 800 businesses sold nationwide since 2007, SD Business Advisors is the largest and most experienced group of Business Advisors in Southern California. We specialize in selling companies across all industries. From main street to middle-market M&A transactions. We match qualified buyers with quality businesses while maintaining strict confidentiality. SD Business Advisors is a member...
San Diego, Orange County Areas, Inland Empire
ProInter
Joanne Weber
Ryan Craig Company - Preschool Specialist
The Ryan Craig Company is in its 46th year as the recognized expert in Southern California, dealing exclusively in the sale of preschools, Montessori schools, day care centers, and private schools. Our extensive list of references speaks for itself. Recent sales include facilities in 6 Southern California counties, ranging in price from 100,000 to over 5,000,000. Now, in response to a strong...
Southern California
ProInter
Mani Singh
TNW Business Brokers
Specializing in practice limited to sales and acquisition of businesses solely, I have 20+ years of Buyer and Seller representation and negotiation experience and have successfully assisted clients sell and acquire a multitude of businesses - including Gas Stations, Liquor Stores, Markets, Super Markets, Franchised and Independent Restaurants, Bars, Retail and Service Related, Dry Cleaners,...
California
ProInter
Rick Carlson
ProNova Partners
You Will Never Feel Lost In The Shuffle. Many Brokers Simply Send Out An NDA And That's The End Of Communication. All Buyers Receive A Personal Meeting With An Ace Acquisition Specialist So They Can Recommend The Perfect Business For You. The Ace Organization Makes Sure That All Buyers And Sellers Feel Like They Are Part Of The Ace Family And Truly Taken Care Of Throughout The Acquisition...
Nationwide, USA
ProInter
Terry Watts, MBA, CEPA, CM&AP
Murphy Business Sales
Murphy Business Sales | Exit Factor: Strategic M&A and Value Acceleration We provide a sophisticated, two-pillar approach to the sale and transition of privately held companies. By integrating the high-impact value-growth methodology of Exit Factor with the institutional-grade execution of Murphy Business Sales, we ensure our clients achieve maximum enterprise value and a protected...
ProInter
Steve Zimmerman
Restaurant Realty Company
Steve founded Restaurant Realty in 1996. He has personally sold/leased over 1000 restaurants, bars & clubs, & completed over 3000 valuations. He is the author of "Restaurant Dealmaker - An Insider's Trade Secrets For Buying a Restaurant, Bar or Club" available on Amazon and he has written over 100 articles which can be found in the News Section of RRC’s website under Restaurant Rap. Prior to...
California
ProInter
Ralph Santos
Healthcare Biz Brokers
I specialize in Los Angeles County Area healthcare sales such as skilled home health agencies, hospice agencies, residential care facilities for the elderly, medical practices and more. When you are looking at creating a legal and binding business purchase or sale, you need to be extremely careful. There are literally tons of questions that you need to pose to both your agent and to the other...
Los Angeles, Ventura Counties
ProInter
Jack Oh
Power Realty & Investments
Business broker and real estate services in the Los Angeles and Orange County areas. 10 years experience with great negotiating skills. To sell a business or buy a business in the LA or Orange County Areas phone Jack and his team at 562-787-4989 Cell / Text.
Southern California
ProInter
Ryan Clark
The Veld Group
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups, as our team is comprised of former Small Business Owners, M&A Specialists, Investment Bankers, and Consultants.
Southern California
ProInter
Harry Sidhu
Mission Peak Brokers, Inc.
Harry Sidhu is a dream maker. By making his own dreams come true as one of the most successful business and commercial real estate brokers in the Bay Area, Harry understands how important it is to have a dream, work hard to see it come true. Harry named his brokerage Mission Peak to honor the incredible beauty of this Bay Area treasure but to also symbolize the deep fulfillment of pursuing your...
SF North Bay Area, SAC Area, Central Valley
ProInter
Ran Kim
VR Business Brokers
Since 1982, we have been helping buyers and sellers of small businesses achieve their goals. With over 25 experienced associates who speak more than a dozen languages, we are proud to serve California’s diverse business community. Our office is centrally located at the crossroads of Los Angeles and Orange Counties, with convenient access to Riverside and San Bernardino Counties as well. We are...
Southern California
ProInter
George Lanza
Plethora Businesses
Plethora Businesses, a division of A Premier In Services, Inc., is a Business Intermediary Consulting Firm headquartered in Orange, California. Plethora specializes in the listing and sale of small and medium sized private businesses. Although the listing core of Plethora is in Southern California, Plethora represents clients throughout the world seeking Business and Merger & Acquisition...
Southern California
View More
Recommended Blogs
how-to-buy-a-business
Before You Buy A Gas Station Ask These 5 Questions
financing
Tips And Ideas For Financing A Business Purchase
how-to-buy-a-business
Buying A Restaurant: Things New Business Owners Overspend On
how-to-buy-a-business
Tips On Selling A Restaurant: Appealing To Restaurant Buyers During COVID
how-to-buy-a-business
How to Sell Your Small Business: Tips For Selling Your Small Business
how-to-buy-a-business
What Are Business Buyers Biggest Mistakes? We Examine The Most Common
how-to-buy-a-business
Buying A Pizza Restaurant For Sale Tips: What You Need To Know
how-to-sell-a-business
Millennial Buyers: What Are They Seeking When Buying A Business?
how-to-sell-a-business
How Buyers Evaluate A Restaurant, Bar Or Club Business To Determine If It Is The Right Opportunity Part 1
financing
Pop-Up Restaurants: Pro Tips For Starting Or Buying One
how-to-buy-a-business
Seller Financing: Terms To Negotiate If You Buy A Business
how-to-buy-a-business
Buying A Business? Top 5 Recession Proof Small Businesses To Consider
how-to-buy-a-business
Life (or Death) Of An Orange County Restaurant Deal
financing
Restaurant Buyers: Tips On Buying A Second Restaurant Location
how-to-buy-a-business
Three Stage Checklist For the Buyer
deal-and-escrow
Financing A Business Purchase With Limited Or No Real Estate Collateral
deal-and-escrow
Deposits With Purchase Agreements - Rules And Guidelines
how-to-sell-a-business
Properly Prepared Purchase Agreements
financing
How The Landlord Makes Or Breaks The Deal And The Requirements For A Good Tenants Lease
how-to-buy-a-business
Don't Buy Restaurant Businesses Without Checking The Competition