Profitable franchised fried chicken store - Seller absentee

Asking Price$550,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,619,671

Inventory$300,000
Not included in asking price
FF&E$150,000
Included in asking price
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Profitable franchised fried chicken store - Seller absentee


Asking Price$550,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,619,671

Inventory$300,000
Not included in asking price
FF&E$150,000
Included in asking price
Business Description
EXECUTIVE SUMMARY
Established franchised fried chicken restaurant operating successfully since 2014 in a high-traffic Queens County location. This absentee-owner opportunity features extended operating hours until 2:30 AM with dual-shift staffing model and professional management structure.
BUSINESS OPERATIONS
The restaurant operates under an established franchise system with strong brand recognition and proven operational framework. Current management structure includes dedicated on-site manager overseeing daily operations while owner maintains oversight role focusing on procurement and quality assurance. Extended hours capture late-night market segment with established customer base.
FACILITY & INFRASTRUCTURE
Remodeled in year 2024, three-story facility optimizes operational efficiency:
- Ground floor: Customer service and kitchen operations
- Basement level: Inventory storage and preparation areas
- Upper floor: Administrative office space
MARKET POSITION
Premium positioning with higher-quality products commanding competitive pricing. Menu includes core fried chicken offerings plus Asian cuisine options, providing differentiation in local market. Established supply chains and operational systems support consistent product delivery.
GROWTH OPPORTUNITIES
Significant expansion potential through:
- Enhanced marketing and promotional activities
- Menu diversification including noodles and ramen etc
- Active management engagement
- Leveraging franchise-supported promotional events
FRANCHISE STRUCTURE
Competitive franchise terms include $30,000 initial fee covering four-year term, $5,000 annual renewal fee, with no ongoing royalties or advertising fees. Franchisor provides marketing support and operational activities at no additional cost. Flexible conversion options available.
OWNER BENEFITS
Absentee ownership model with established management team, stable staffing structure, and comprehensive operational systems. Seller committed to facilitating smooth ownership transition with full operational support during handover period.
This turnkey operation presents exceptional opportunity for growth-oriented investor seeking established restaurant business with proven track record and expansion potential.
About the Business
Years in Operation
12
Employees
9 (8 Full-time, 1 Part-time)
Website
https://www.pelicanausa.com/home
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,600
Rent
$15,135.00 per month
Lease Expiration
1/31/2033
About the Sale
Seller Motivation
Seller has many other businesses in another industry and can't focus
Transition Support
3 weeks from seller, franchise can provide 1-2 weeks traning
Listing Info
ID
2460206
Listing Views
13

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Business Listed by: Jeffrey Ye Golden Bridge Business Advisors

Listing ID: 2460206 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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