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Financing: $80,000.00 Down and Reason for Selling: 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. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |