ABSENTEE Kennedy Fried Chicken For Sale Doing $18K Week. Asking $495K

Asking Price$495,000

Cash Flow
$190,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$950,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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ABSENTEE Kennedy Fried Chicken For Sale Doing $18K Week. Asking $495K


Asking Price$495,000

Cash Flow
$190,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$950,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Two year old Kennedy Fried Chicken and Pizza shop in Bronx on very busy corner. Owner is moving out the of the country and needs to sell fast. Weekly sales are $17,000 to $18,000 walk-in the door. Online deliveries and catering are extra $10,000 to $15,000 a month. Payroll is $4500 week for 5 employees. Rent is $7000 a month with 8 years remaining on Lease. Utilities are $2200 a month avg. Owner nets between $15,000 to $17,000 a month absentee. There are over 600 new apartments coming across the street to bring you move customers and foot traffic. One block from train station. Cash Offers Only. This is not an SBA deal or financeable. Buyer must sign NDA to get the address
About the Business
Years in Operation
3
Employees
5
About the Sale
Seller Motivation
Owner must move out of the country
Listing Info
ID
2384954
Listing Views
656

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Business Listed by: Bhavesh Patel Property Professionals Realty

Listing ID: 2384954 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.