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Businesses for Sale: Listing Details

 
CHICKEN FRANCHISE
Seller: Attn: Gregg Tobin
Location: Riverside, CA, USA
Listing Number: "PCBB-146"


Asking Price: $174,000 USD USA Dollars
Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Other Businesses
Year Established: 2005
Yearly Revenue: $390,000
Yearly Net Profit: $75,000

Overview:
Voted best in Orange County for 4 years in a row by readers choice in the Orange County Register, this fast casual restaurant chain serves the highest quality fire grilled chicken and Mexican food. This California based Franchise has introduced a new look and redefined operations and is the only fast casual Chicken Chain specializing in home delivery. With the total investment level from $518,000-$632,000 for a new store, this is an excellent opportunity to purchase an existing store that is only three years old. The owner recently upgraded the store and it is like brand new. The owner also has made great strides in hiring a professional and experienced staff which has made an immediate impact on sales. Currently this store may be one of the most efficiently operated in the system. The business is currently operated absentee but the owner has a general manager handling the restaurant. An owner operator could replace the general manger and lower the payroll but can maintain parts of the staff.

Property Features and Assets:
Located in a busy shopping center on a main street in Riverside. The lease is good through October 2015 with a 5 year option.

Market Competition and Expansion:
The Franchise is recognizable and appeals to a broad segment of the fast casual restaurant market.

Additional Details:

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