Famous South Chicago Chicken Shack in Tempe/Phoenix for SALE

Asking Price$350,000

Cash Flow
$145,780

EBITDA$125,650

Gross Revenue$780,000

Inventory$10,000
Included in asking price
FF&E$122,000
Included in asking price
Fried ChickenSave

Famous South Chicago Chicken Shack in Tempe/Phoenix for SALE


Asking Price$350,000

Cash Flow
$145,780

EBITDA$125,650

Gross Revenue$780,000

Inventory$10,000
Included in asking price
FF&E$122,000
Included in asking price
Business Description
CONFIDENTIAL SALE...OWN A PIECE OF HISTORY... .South Chicago's most famous eating place right here in Phoenix off Baseline... Harold's Chicken Shack is up for sale. The current owner/operator opened this restaurant under the direction of the Franchisor opened this location in 2020... at the beginning of the pandemic. Business was fast and furious even during the shutdown due to take-out service. Now the current owner wants to sell the seasoned and stabilized Harold's Chicken Shack so he can dedicate time to expanding other franchisee's in Arizona.

The Seller wants people to know about the business but PLEASE DO NOT DISTURB the employees and customers if you are interested to learn more.... call the Broker... Mike Gaida 602.920.8940
About the Business
Years in Operation
5
Facilities & Assets
CONFIDENTIAL SALE... Harold' Chicken Shack remains true to its origins... minimal decorations, seating for about 18 and walk-up to order service. This Quick Serve Restaurant is part of South Chicago Americana History and reflects the origins of the Family who started this business decades ago.
Website
https://www.haroldschickenaz.com/
Market Outlook / Competition
Good Fried Chicken is a staple food in American kitchens but Harold's Chicken Shack stands apart from all others by their seasoning and sauces familiar to everyone who eats there across the country.
Opportunities for Growth
Continued growth of this current restaurant and maybe adding other Harold franchise locations across the Valley.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,400
Rent
$3,400.00 per month
About the Sale
Seller Motivation
Step away from operating restaurant and moving into developing the Franchise in
Transition Support
Seller will work with the new owner for 2 weeks... longer if needed on agreed upon rate in a contract. New owner should have experience owning/operating a QSR or full restaurant while managing employees.
Listing Info
ID
2439820
Listing Views
25

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Business Listed by: Michael Gaida NAI Horizon

Listing ID: 2439820 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.