CHICKEN FRANCHISE
Seller:
Attn:
Gregg Tobin
Location:
Los Angeles County, CA, USA
Listing Number:
"PCBB-177"
Overview of the Business:
California based fast casual Chicken Franchise that serves the highest quality fire-grilled Chicken and Mexican Food has refined operations while offering a new look and expanded menu. The restaurant is one of the better stores in the system and based in Los Angeles County. The restaurant was been operated absentee by the owners so the cash flow is reflective of an owner-operator with the managers compensation of $33,000 added back. With the total investment level from $452,000-$550,000 for a new store, this is an excellent opportunity to purchase an existing store for almost half of the investment price. The locally based Franchise offers excellent support and there is a long term lease in place. The rent is only $2,830 per month for 1,600 sq. ft which is amazingly cheap and is only 6.5% of sales. Everything is in place for a new owner to step in and take over the business.
Property Features and Assets:
Highly visible location on a busy street. Lease is good through 2014 with a 10 year option.
Market Competition and Expansion:
The Franchise is the only fast casual Chicken Chain specializing in home delivery. A hands-on owner could possibly increase sales with catering and cut expenses.
Additional Details:
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