Maryland Fried Chicken - A Beaufort Staple

Asking Price$410,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,187,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$585,000
Not included in asking price
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Maryland Fried Chicken - A Beaufort Staple


Asking Price$410,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,187,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$585,000
Not included in asking price
Business Description
Turnkey Establishment Ready for New Owners
Maryland Fried Chicken is an independently owned Beaufort Institution that is, after all these years, for sale. Opening its doors in 1969, this business has been serving Beaufort Citizens and Visitors top notch fried chicken, seafood, pork chops and all the fixings ever since. Customers can get their quick served soul food fix via drive thru or dining in. The hours of operation have only been from 11:00am to 6:00pm five days a week, yet annual revenues are consistently in the $1.2M range making this a prime opportunity for the next owner-operator to increase cash flow by expanding hours and offerings.
This is a turnkey key business including all equipment, recipes, signage, and a new lease. The property can also be purchased together with the business as a package deal.
Financials are available for serious buyers after signing an NDA.
About the Business
Years in Operation
57
Employees
15 Part-time
Franchise
This business is an established franchise
Facilities & Assets
All inventory and FF&E. Real Estate also offered for $545K, or you can lease the space.
Market Outlook / Competition
Six decades of solid business. This establishment is adored by the community and the business is profitable even though it is only open 35 hours per week.
Opportunities for Growth
Given that it is only open 35 hours per week and there is no franchise agreement, the future owners can expand hours, adjust the menu, and grow the catering business to increase profits.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
1,620
About the Sale
Seller Motivation
Bought the business from parents and are ready to retire after 40 years.
Transition Support
Owners will stay on for a contracted period of time to help with the transition.
Listing Info
ID
2547257
Listing Views
Attached DocumentsAttachment Disclaimer

Seller Disc. Earnings - MFC.pdf

Business Location

Listing ID: 2547257 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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