Network of 3 Popeyes Chicken Franchises in Upstate NY

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Asking Price:
$3,500,000

Gross Revenue:
$3,568,000
Cash Flow:
$568,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$2,250,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is a rare opportunity to purchase a Network of 3 Popeyes stores in Upstate NY. These are all state-of-the-art locations. The stores are located near each other which makes the network easy to manage. They have excellent highly visible locations, some Free-Standing Buildings with Drive-Thrus. The stores have a rent factor of about 7% of sales with long term leases and with long franchise terms in place. These are PROFITABLE stores with earnings of 15% and all operated with a management team as the Seller is a Multi-Unit Operator. A new hands-on owner/operator could increase sales, reduce expenses and increase the overall performance of this network.

This is a tremendous opportunity to join the Popeyes brand, which started in 1972 and today has over 2,700 restaurants in the US and around the world. Popeyes offers comprehensive training and operational support to increase business value and operational efficiency. In addition, it has powerful local and national marketing programs. Popeyes recently launched a new delivery system with Uber Eats in some markets with a plan to roll the program Nationwide, which will increase sales. To be approved by Popeyes the buyer must have experience operating multi-unit fast food franchise brands or similar. Please refer to listing number 13952 when inquiring about this opportunity.

About the Business

Location:
New York
Number of Employees:
40
Franchise:
Yes
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About the Sale

Training/Support:
Yes

Listing Info

ID:
1633771
Ad Detail Views:
0

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Business Listed by

Ken Stein

The Kensington Company

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