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This Business has been Sold!
Closing Date: 01/16/2013
Broker: Syed Ahmed
Business for Sale Summary

National Chicken Franchise - 22023

Business Type: delicatessen/catering services,fast food franchise,other eating & drinking places,other food stores
Sold
National Chicken Franchise
On January 16th 2013, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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.

Financial Information (non-confidential)

General Information
Asking Price $35,000 Down Payment $35,000
Gross Revenues $270,000 Lease Remaining Register Free to View
Owner’s Cash Flow $31,330 Number of FT Employees Register Free to View

Financing

$35,000 Down and

Business Description

This nationally-known chicken franchise is located in one of the busiest strip-malls, on Long Island. It is a twenty-year old location. The seller is selling the business, due to his religious belief, does not want to sell baby-ribs, and the other items on the menu, which has seriously affected the business. However, the business is still strong enough to pay salaries, which are $1600 a week, plus a little cash flow. The seller wants just $35,000, also $10,000 as a franchise fee. Even the equipment is worth more than $35,000. Call Syed at 631-374-7686 for more information.

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.