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French Rotisserie Chicken-Fast Service Restaurant – New York Cit

Price: $560,000

Location: Manhattan, NEW YORK

Industry: Food and Restaurants

Listing ID: 1413167

Concept is easy to operate- Ready to expand to new locations

Easy to operate rotisserie chicken restaurant with simple but flavorful French inspired menu. High volume delivery and take-out traffic plus dine-in and off-premise catering. Their process and ingredients take the rotisserie chicken concept to a higher gastronomic level, along with their unique side dishes that customers also crave. Fresh all-natural free range chicken and the highest quality ingredients are the foundation of their success. No artificial ingredients are ever used.

Two locations with long-term leases operating out of the west side and east side of Manhattan and trade name included in price. Management in place allowing for absentee ownership.this is Fast Casual concept. the most desired absente concept.

Listing Details

Down Payment: $420,000

Gross Revenue: $1,920,000

Cash Flow: $245,000

FFE: $50,000 (Included in Price)

Inventory: $4,000 (Included in Price)

Reason For Sale:

Family relocation

Training & Support:

Seller will provide

Operation

Year Established: 2014

Days & Hours of Operation: 7 days 10AM-10pm

Owner Hours Per Week: 15

Employees: 15

Managers: 1

Absentee Owner?: Yes

Location

Security on Lease: 48000

Monthly Rent: $ 16,500

Square Footage: 1200

Facilities Information:

2 locations , 650 sqf and 550 sqf . lease numbers and sales figures represents total sales for both stores.

Summary

Competition:

a desired French concept

Potential Growth:

Owner can use current concept to develop multiple locations.

Financing/Terms:

Negotiable