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Chicken quick-service restaurant in great location priced to sell!

Newport News, VA (Newport News City County)

Seller Financing Available
Chicken quick-service restaurant in great location priced to sell!
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Asking Price: $60,000

Cash Flow: $54,200

Gross Revenue: $285,000

EBITDA: N/A

FF&E: $50,000

Inventory: $2,500*

Rent: $1,400 /Month

Established: 2019

*not included in asking price.

Chicken quick-service restaurant in great location priced to sell!

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Business Description

Lowest initial investment available for a QSR Restaurant. Plenty of growth poten

Opportunity to own a simple operation turnkey business in a BUSY shopping area!! Simple menu, low overhead and easy to learn processes make this the perfect QSR choice for the novice or the veteran restaurateur..

Golden opportunity to be part of a successful and fast growing industry and chain! Starting one from the ground up would cost more than twice as much.
The fast-food industry is currently obsessed with fried chicken. Of the 100 biggest restaurant chains in the US, three of the five fastest-growing are chicken concepts. The chicken sector has been the No. 1 category in the fast-food business.

Location is near ALL the action, tons of stores, residential homes, office buildings, medical offices, commercial buildings as well as major highways.
This business has ton of potential.. Revenue stream includes affordable and delicious eat in, to go and catering.
The seller will train and transition the buyer at no cost!

Concept is simple: great tasting chicken, great service, and on top of all huge portion size at reasonable price! Community friendly, family oriented, quick-service restaurant with a pleasant dine-in experience that has little to no competition:
It is a fully turnkey operation that can be replicated easily and comes with a great package of training and support.

Partner up with single and multi-unit franchisees interested in growing and developing this brand together across the State & Country.

Detailed Information

Location:
Newport News, VA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A bright and welcoming atmosphere
Competition:
The fast-food industry is currently obsessed with fried chicken. Of the 100 biggest restaurant chains in the US, three of the five fastest-growing are chicken concepts. The chicken sector has been the No. 1 category in the fast-food business by purchase consideration since last April, when it eclipsed the burger sector. Now that fried chicken is firmly established as one of the most marketable types of fast food, unexpected chains are adding more and more of it to the menu.
Growth & Expansion:
fried chicken is taking over the fast-food industry
Support & Training:
The seller will train and transition the buyer at no cost.
Reason for Selling:
Seller is relocating
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Yeliv-Jill Adams

Business Listed By:
Yeliv Adams

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