Chicken Restaurant-->Employee Run

Asking Price$189,000

Cash Flow
$91,560
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$686,700

InventoryNot Disclosed

FF&ENot Disclosed

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Chicken Restaurant-->Employee Run


Asking Price$189,000

Cash Flow
$91,560
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$686,700

InventoryNot Disclosed

FF&ENot Disclosed

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!
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

Contact Seller

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Business Listed by: Sinclair Kim Tree Realty

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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