Profitable Franchise Restaurant For Sale

Newark, CA (Alameda County)

Seller Financing Available
Profitable Franchise Restaurant For Sale
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Asking Price: $410,000

Cash Flow: $150,000

Gross Revenue: $1,348,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $5,330 /Month

Established: 2016

Profitable Franchise Restaurant For Sale

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Business Description

Do you have a passion for food? Do you want a business with cash flow daily? This is an opportunity for you-- A well- established franchise Bonchon Chicken
www. Bonchon.com

Location: Close to freeway, shopping centers, and car dealerships. The restaurant is located inside the anchor building of the plaza with the highest visibility and abundant parking space. There are 2 designated parking for the takeout customers and delivery companies such as Ubereats and Doordash etc. Sales is comprised of mainly take-out and delivery orders during weekdays. Full capacities of 50 seats during the weekend. Customers need to wait 20-30 minutes for tables. All the dishes are easy to cook and learned by new staff. Ingredients are available around the year.

Price includes franchise transfer fee, training fees, title transfer fees and attorney fees required by the Corporate. Bonchon Chicken is a well- known Korean fusion restaurant with success- proven recipes of fried chicken. Full bar with liquor license for wines and beer. 4 taps for draft beer and fountain soda. Beverage menu can be expanded to utilize the full bar.

Detailed Information

Location:
Newark, CA
Real Estate:
Leased
Building SF:
2,100
Lease Expiration:
8/1/2026
Employees:
10
Facilities:
The building is located inside of a commercial retailer plaza. As an anchor building, the restaurant is very visible from the street level and easy access to Freeway 880. Assets include all inventories, leasehold security deposits, kitchen equipment, liquor license, franchise license and goodwill.
Competition:
Bar area is not fully utilized. We have very few choices of wines and beverage. Buyers can increase sales by selling more ice-teas, coffees, tapioca drinks or ice-cream. There are few fried chicken mom and pop shops in the area but not as well-known as Bonchon Chicken. Our marketing team is very efficient and organized. Special promotion is offered for different occasion from time to time.
Financing:
Buyers must have 80% of selling price as down payment
Support & Training:
Owner will provide on-site training for 30 days
Reason for Selling:
Seller's Retirement/ Relocation
Franchise:
This business is an established franchise
Business Website:
http://Bonchon.com
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Business Listed By:
Grace Ko

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