Freestanding Drive-thru only Fried Chicken Restaurant

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Asking Price:
$199,000

Gross Revenue:
$384,279
Cash Flow:
$92,335
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
$50,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Prime location drive-thru and take-out fried chicken shop placed in heavily populated commercial area is available for acquisition. This business was originally established over three decades ago and was acquired just a decade before the present time in 2008 by the current owner. Most of the customers are middle to upper-class Hispanic individuals that work in the several high-end office buildings and commercial sites that heavily carpet the area. The convenience of the drive-thru for the individuals living in the area is a huge advantage as many individuals are in constant need to a quick and hearty meal before working. Net sales average was $33,000/month that is extremely consistent throughout each year of operation as this business has established a solid foundation of loyal customers that have come since the inception of the business. Although no marketing is truly done at the current time, other proactive marketing is needed to grow the sales of the business to earn more cash flow as well as acquiring new customers from the untapped areas within the city. Competition can be expected for this type of business industry, but this business has operated for an exceedingly long amount of time compared to the competitors and provides the convenience of a drive-thru for their quality products unlike the competition. There are many ways to proactively market this business such as direct mailing, social media, website, online delivery service, 3rd party delivery, daily specials and placing management to operate the business. Hiring a manager to take place of the owner involvement will help the owner to focus on the marketing and back-end of the business to increase the sales as well as keep the quality consistent within the business. This drive-thru and take-out fried chicken shop has everything in place for a potential buyer to proactively market this business while also being fully involved in the day-to-day business operation.

Listing ID #000648
For more info, please call Moon Kim at 1-866-519-2421.

About the Business

Location:
Dallas, Texas
Year Established:
1988
Number of Employees:
2FT
Facilities:
This business is located in 800 SF Stand-Alone building with a drive-thru that is optimally placed in the hub of a heavily dense commercial area and high-end office buildings. All equipment is in impeccable condition and in working order.
Market Outlook/
Competition:
Few competitors are within the immediate market area, but this business has been operating in the area for longer than the competition as well as having the convenience of a drive-thru for their quality products.
Growth & Expansion:
There is no marketing done at the current time to grow the business.
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About the Sale

Reason For Selling:
Other Opportunities in different industry
Training/Support:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Seller Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu

Listing Info

ID:
1629745
Ad Detail Views:
0

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Business Listed by

V-AID Group, Inc.

www.v-aidgroup.com
License# 567204

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U.S. Census Data for Collin, Dallas and Denton Counties, TX
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Collin, Dallas and Denton Counties, TX
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Source: American Community Survey (2010-2014), United States Census Bureau.

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