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.