Wingstop in Bucktown

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Wingstop Bucktown Chicago
Asking Price:
$450,000

Gross Revenue:
$750,000
Cash Flow:
$136,000
EBITDA:
$136,000
Inventory:
$5,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Turn Key business in Bucktown! This Wingstop has been up and operating since 2008. Wingstop is a fast growing company and is projected to reach 1,000 locations internationally in the near future. If you're looking to get into a fast growing successful franchise group join the Wingstop family. Lease expires in 2018. Agent is the franchisee and wants to sell to pursue other business ventures. High development activity on the 1600 block of Milwaukee ave.

About the Business

Year Established:
2009
Number of Employees:
8
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,600
Lease Rate/Sq. Ft./Yr.:
$45.00
Lease Expiration:
9/30/2022
Facilities:
Equipment, POS system, Décor package.
Website:
www.wingstop.com
Market Outlook/
Competition:
Prime location new the intersection of Milwaukee ave and North Ave in Bucktown Chicago.

*** THIS LOCATION DELIVERS***
Growth & Expansion:
Great opportunity for remodeling! Business in the past had a liquor license.
Wingstop has been serving up crowd pleasing Buffalo-style chicken wings since 1994. Their legendary sauces and excellent service have had patrons coming back for nearly 20 years. In the industry Wingstop is known for offering a superior product quickly and affordably. The secret sauce recipes, efficient service and comfortable atmosphere make Wingstop a popular destination in any market they enter.
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About the Sale

Reason For Selling:
Owner wants to pursue other business ventures
Training/Support:
You and your General Manager will participate in a comprehensive four-week training program at the Wingstop Restaurant Support Center in Dallas, Texas.
Seller Financing:
One 5 year extension

Listing Info

ID:
1280492
Ad Detail Views:
163

Attached Files Attachment Disclaimer

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Business Listed by

Paul Proano

Coldwell Banker Commercial
License# 475170890

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