$150,000

Fried Chicken Restaurant With Drive Thru for sale Houston, TX

Texas/Houston
Financials
  • Price: $150,000
  • Gross Income: $343,336
  • Cash Flow: $35,750
  • FFE: $50,000
  • Inventory: $12,000
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #100550
  • Year Established: 2014
  • Financing: Seller financing available on a case-by-case basis, approved by owner.
  • Training: The current owner is offering training and support during the transition period
  • Facilities: Freestanding building with a drive-thru in a shopping plaza with traffic counts of over 48,000 vehicles per day.
  • Competition:There are several competitors in the area, including other fried chicken restaurants, which is indicative that the area has strong demographics for this market. This business competes on its high level of customer service and quality and product offerings.
  • Growth: There are several opportunities to grow the business including investing in marketing and advertising, focusing on growing catering, and adding new products.
  • Employees:

Property Descriptions

Popular franchised fried chicken restaurant with drive-thru available for sale. This fast-food restaurant has increased sales by over 21% in 2020 vs. 2019 and 2021 sales are up 27% vs. 2020 as consumers continue to demand take-out and delivery food. The facility also offers a large indoor seating area to capture the dine-in market. No royalty frees and flexible franchise license allows the owner to sell any menu item and set their own pricing. The restaurant is located off of a highly trafficked road and close to a major freeway. The business has lots of upside potential for a new owner/operator who can step into a well-functioning operation and focus on growing the business and controlling costs. The current owner is running it as an owner-operator and lives far away from the restaurant. The owner would like to sell the business in order to be closer to home and have more time with family. This concept is ideal for an owner-operator or for an absentee owner who would like to put a manager in place. Seller financing is available, on a case-by-case basis. $160,000 price for seller-carry with 50% down. Contact us now through the ad or by contacting the broker directly at jason@truview business.com or calling (713) 714-7516 to obtain the link for the electronic confidentiality agreement and buyer registration. Upon completion of these forms, we will send you detailed information about the business for sale.

The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

Business Listed By

Jason Ward 1801 Main Street, Ste 1300, Texas, Houston