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Business Sales & Acquisitions

Fast Food Fried Chicken/Pizza & More

Price: $89,000

Location: Brooklyn

Industry: Food and Restaurants

Listing ID: 00222

Located near a school, a hospital and within walking distance to a very large residential community, this fried chicken & pizza fast food business offers a wide variety of chicken dishes, pizza, fries, hamburgers and delicious desserts. Also, this is an absentee owner situation and perfect for someone willing to replace one of the employees and do some basic marketing to the community at hand to add more income to the bottom line. There are 10 years remaining on the lease.

Listing Details

Gross Revenue: $275,000

Cash Flow: $75,000

FFE: $50,000 (Included in Price)

Inventory: $750 (Included in Price)

Reason For Sale:

Seller moving out of state

Training & Support:

Will provide as necessary

Operation

Year Established: 2013

Year of Last Acquisition: 2017

Employees: 3

Absentee Owner?: Yes

Location

Security on Lease: 4500

Monthly Rent: 3080

Square Footage: 750

Facilities Information:

Situated on a main thoroughfare near a school and a hospital. Contains a double pizza oven, a gas grill, a fryer, a walk-in box,a refrigerated display case, and more.

Summary

Potential Growth:

There is a lack of marketing because of the absentee ownership and the owner is not taking advantage of the neighboring facilities and residences.