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For Sale: Fried Chicken Restaurant - Absentee Run - Paramount, California

$99,000.00

Asking Price

  • Address: Paramount,

  • Status: Active

  • Posting ID: 286034

  • 4/8/24

Paramount Fried Chicken Restaurant - Absentee Run Business For Sale

Description

1. Store size: 1,500 sf, Seating capacity 30
2. Business hours:
Mon-Sat | 11AM – 9PM
Sun | 11AM – 8PM
3. Rent: $6,480(Include CAM)
4. Lease: 3+5 years
5. No. of Employee: 1 Full time, 7 Part Time ($18,000)
6. How long owner work per week: Less than 10 Hours (Order + Payroll)
7. How long Estab: 02/2022
8. How long current owner: 02/2022
9. Reason for sale: The owner has taken on two additional jobs and has become busier so they can no longer manage this one.
10. Monthly Gross sale: $51,000 (March), $47,500 (Feb)
11. Asking price:$99,000
12. Comment:
This restaurant currently serves fried chicken sandwiches and strips. The menu closely resembles that of Chick-fil-A. Due to being primarily staffed by employees, the burden of labor costs is presently high. I firmly believe that if a new owner assumes control of the establishment, gross sales will escalate, and net income will certainly improve. As it operates under a franchise model, there is evident support from the head office, including a 5% franchise fee and a 1% marketing fee. Must see!

To get more information about this Fried Chicken Restaurant - Absentee Run business for sale in Paramount please phone Sinclair Kim (Intermediary, Agent - BRE License #:02074829) at 714-926-1556 Cell and 714-926-1556 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286034 on BizBen.com. In addition to phoning Sinclair Kim, make sure you email Sinclair Kim above to get more info about this Fried Chicken Restaurant - Absentee Run, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02074829. Tree Realty.

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Contact

  1. Name: Sinclair Kim
  2. phone iconPhone: 714-926-1556 Cell
  3. phone iconPhone: 714-926-1556 Text

Details

  1. Asking Price: $99,000.00

  2. Down: Call/Email

  3. Cash Flow: Call/Email

  4. Revenue:    $591,000.00

  1. Area: Paramount

  2. City: Paramount

  1. Attributes:

    Training & SupportExisting Franchise

My Notes About This Listing

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Related Links & Information Regarding This Posting

Email Sinclair Kim Below About This Posting


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