Chicken Franchise for Sale in New York - 35956 Business Type: fast food franchise,must sell/drastic price reduction!,other eating & drinking places,other food stores,restaurant/ cafes/ diners
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $80,000 | Down Payment | $80,000 |
| Gross Revenues | $675,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $0 | Number of FT Employees | Register Free to View |
Financing
$80,000 Down and
Business Description
Recently launched, this well-liked chicken franchise in a thriving Brooklyn neighborhood has caught the eye of potential buyers.
The initial investment to establish this venture amounted to $500,000 just last year.
The establishment is notably spacious, featuring a backyard area, a full bar, and even a basement.
With a seating capacity for up to 69 guests, it presents an excellent opportunity.
Despite the current owner's lack of prior restaurant experience, the business has managed to reach a break-even point after covering expenses.
The seller is confident that someone with industry expertise could significantly capitalize on this location's potential.
It's important to note that the franchise itself does have a net worth requirement of $500,000 BUT if you want to drop the franchise name and use your own brand / concept the 500k net worth requirement can be avoided.
For further information or inquiries, please get in touch with the listing broker, Brian Bernstein, at 929-969-0007.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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