Unique & Profitable Tasty Chicken Restaurant

Encino, CA (Los Angeles County)

Entrance of Restaurant.
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Asking Price: Get Financing: $129,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $6,700 /Month

Established: 1992

Unique & Profitable Tasty Chicken Restaurant

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Business Description

Deals are hard to find right now but you've found a real one - and this was priced to be the best deal out right now. Fun and easy to run Chicken fast casual restaurant. With only 3 year in operation there's already a healthy approx $117,600 annual profit!! With this top 10 American meal choice, and being positioned in a high traffic, beautiful courtyard, this is as stable of a business as you will ever find. (and will only grow) If you or your clients are worried about a the next market correction (as you should be) - sleep at night with this recession proof business. People don't stop liking OR buying affordable, Tasty (Delicious) Chicken, in a recession. Best news: Only a 1.2 x net revenue multiple sale!!!! THIS DOES NOT INCLUDE THE $100,000 OF EQUIPMENT AND START UP COSTS!!! You are essentially acquiring all equipment, tenant improvements and other initial costs for nothing --- and at this pace you will recoup your entire investment AND be profitable BEFORE 1 YEAR!!!!!!!! From then on all profits are money in the bank. If you know the business market, you know this deal is killer - and equally exciting low maintenance! Owner originally planned to keep this business for many years to come but he is selling for personal reasons unrelated to the business. There's no catch - Purposely priced to be wildly attractive - obviously not much room to negotiate. Jump on this deal.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Business Website:
http://matrix.crmls.org/matrix/shared/KMYYP3bnJxGd/16101VenturaBoulevard
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Fernando Spindola

Business Listed By:
Fernando Spindola REALTORĀ®

INTERO Commercial

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