Franchise Restaurant in Philadelphia

Asking Price$250,000

Cash Flow
$161,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,010,000

InventoryNot Disclosed

FF&ENot Disclosed

inside restaurantSave

Franchise Restaurant in Philadelphia


Asking Price$250,000

Cash Flow
$161,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,010,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
The seller wanted a quick sale, so they offered a drastically reduced price for a well-known chicken franchise restaurant for sale. The store is 3,200 square feet, with 46 seats and parking space for 6 vehicles. Located near the University of Pennsylvania and Drexel University, this business attracts many students during the academic year. Additionally, Drexel students often participate in summer sessions, ensuring a steady flow of student customers even during the summer break. Since it is a Korean franchise restaurant, there is no need to worry about the taste. Additionally, the franchise fee is very affordable compared to others. The current owner does not wish to serve alcohol. However, if the new owner obtains a liquor license and serves alcohol, there is a strong possibility that overall sales will improve significantly.
About the Business
Years in Operation
6
Number of Employees
12
Franchise
This business is an established franchise
Market Outlook / Competition
no competition
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,200
Rent
$10,000.00 per month
About the Sale
Seller Motivation
other job
Transition Support
2 weeks
Listing Info
ID
2326094
Listing Views
1303

Contact Seller

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Business Listed by: Jacob Suh Realty Mark

Listing ID: 2326094 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.


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