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Chicken Wings Franchise

Loudoun County, VA

Chicken Wings Franchise
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Asking Price: Get Financing: $350,000

Cash Flow: $64,502

Gross Revenue: $654,576

EBITDA: N/A

FF&E: $109,000

Inventory: N/A

Lease Rate: $6,400 /Month

Established: 2013

Chicken Wings Franchise

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Business Description

This chicken wings restaurant located in Northern Virginia has had a 20% increase in sales in 2017. Located in a busy area of Virginia, there is much room for growth. The owner has made $400,000 in leasehold improvements to this fast casual restaurant which has both in house seating and take out business. The business is offered for sale for only $350,000 which is under the current owner's cost and even lower than the cost of a brand new franchise location with no existing book of business. This makes it a great opportunity for a buyer to purchase this franchise at a very good price.

Detailed Information

Real Estate:
Leased
Building SF:
1,889
Lease Expiration:
11/1/2018
Employees:
4 FT, 6 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Last year the business grew 20%.
Support & Training:
Owner will transition. Franchisor will provide training
Reason for Selling:
Owner has another business opportunity he wishes to pursue
Franchise:
This business is an established franchise
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Steven A. Rosen

Business Listed By:
Steven A. Rosen

Sunbelt Business Brokers of Blue Bell

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.


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