Chicken Restaurant-->Employee Run
Business Description
Store Size & Seating:
*A spacious 2,000 sf restaurant with a comfortable seating capacity of 40.
Business Hours:
*Monday to Wednesday: 11 AM - 9 PM
*Thursday to Sunday: 11 AM - 10 PM
Rent & Lease Terms:
*Monthly rent: $5,163 + maintenance fee $2,190 (3% annual increase)
*Lease: 1 year remaining + 5-year extension option, 1-month rent as a security deposit
Employees:
*2 full-time employees, 4 part-time employees (1 manager, 3 kitchen staff, 2 servers)
*The current owner works only 10 hours per week (Monday & Tuesday: 11 AM - 4 PM)
Business History:
*Established in July 2021
*The current owner has been managing since establishment
Monthly Revenue & Profit:
*Gross revenue: $57,225 (including $23,895 from delivery sales)
*Monthly net income: $7,630
Asking Price:
*$189,000
Key Features:
*Located inside a shopping mall with high foot traffic and great growth potential.
*No alcohol license currently, but the restaurant has two restrooms, making it eligible to apply for one anytime.
*Employee-run operation, minimizing the burden on a new owner.
Reason for Sale:
*The owner is selling to focus on another business.
This is a great opportunity to acquire a well-established and easy-to-manage chicken restaurant with stable revenue at a reasonable price.
For more details, feel free to contact us!
*A spacious 2,000 sf restaurant with a comfortable seating capacity of 40.
Business Hours:
*Monday to Wednesday: 11 AM - 9 PM
*Thursday to Sunday: 11 AM - 10 PM
Rent & Lease Terms:
*Monthly rent: $5,163 + maintenance fee $2,190 (3% annual increase)
*Lease: 1 year remaining + 5-year extension option, 1-month rent as a security deposit
Employees:
*2 full-time employees, 4 part-time employees (1 manager, 3 kitchen staff, 2 servers)
*The current owner works only 10 hours per week (Monday & Tuesday: 11 AM - 4 PM)
Business History:
*Established in July 2021
*The current owner has been managing since establishment
Monthly Revenue & Profit:
*Gross revenue: $57,225 (including $23,895 from delivery sales)
*Monthly net income: $7,630
Asking Price:
*$189,000
Key Features:
*Located inside a shopping mall with high foot traffic and great growth potential.
*No alcohol license currently, but the restaurant has two restrooms, making it eligible to apply for one anytime.
*Employee-run operation, minimizing the burden on a new owner.
Reason for Sale:
*The owner is selling to focus on another business.
This is a great opportunity to acquire a well-established and easy-to-manage chicken restaurant with stable revenue at a reasonable price.
For more details, feel free to contact us!
About the Business
- Years in Operation
- 4
- Employees
- 6
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Focus on other business
Listing Info
- ID
- 2342394
- Listing Views
- 729
Listing ID: 2342394 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.
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