Network of 2 Chicken Salad Chick Franchise Stores in IL

Asking Price$675,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,670,000

InventoryNot Disclosed

FF&E$1,000,000
Included in asking price
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Network of 2 Chicken Salad Chick Franchise Stores in IL


Asking Price$675,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,670,000

InventoryNot Disclosed

FF&E$1,000,000
Included in asking price
Business Description
Network is being sold for below the cost to develop!
Two Chicken Salad Chick franchise locations are for sale in the state of Illinois. The stores operate absentee with a full-time area manager and have been in business for approximately 5 years. Tremendous potential to leverage the store’s location as a more involved operator can increase sales and reduce expenses which will increase overall net earnings. One of the units has a Drive-Thru and both have excellent locations with long-term leases. This is being sold for below the cost to develop at less than $700,000. Sales revenue is close to $1.7m however with the proper management team should be able to increase sales revenue to the Average Unit Revenue per their FDD of close to $1.5m PER store, which would be close to $3m in sales for these 2 units. Chicken Salad Chick has over 300 locations in 22 states with plenty of growth opportunity for the right buyer. This is a SLEEPING GIANT. Restaurant experience is preferred but not required, however, you need to have strong leadership skills, experience with managing teams, and a commitment to community involvement. Please refer to listing number 16031 when inquiring about this opportunity.
About the Business
Years in Operation
6
Franchise
This business is an established Chicken Salad Chick franchise
Real Estate
Owned or Leased
Leased
Listing Info
ID
2457560
Listing Views
8

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Business Listed by: Ken Stein/Kensington Company The Kensington Company

Listing ID: 2457560 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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