Location: San Bernardino County
Industry: Restaurant and Food
Listing ID: 01985349RK
Listing Status: Reduced Price
Listing ID - 01985349RK
An exceptional opportunity has arisen to acquire a well-established spicy fried chicken franchise, nestled in a bustling mall that boasts remarkable foot traffic year-round.
With a menu that continually draws in the crowd, this franchise has successfully cultivated a robust customer base.
Opened in September 2022, this relatively new establishment highlights the power of prime location, affirming the old adage, "Location, Location, Location!"
Currently, the owner manages multiple franchises, leading to a 'help run' operational model for this specific outlet. However, there is considerable potential for sales growth under more direct, hands-on ownership.
The franchise offers a straightforward menu, and the beauty of it is the local training, conveniently based in Los Angeles.
Prospective buyers should note that experience in the food industry, exceptional credit, and a substantial net worth are prerequisites to meet the landlord's qualification requirements.
This opportunity represents a unique chance to acquire a thriving franchise and create a legacy in the food industry.
Down Payment: $580,000
Total Sales: $1,440,000
Cash Flow: $240,000
Accounts Receivable: N/A
Inventory Included: No
Year Established: 2022
Days & Hours of Operation: 7 Days (Mon to Thur: 10am to 8pm) / (Fri & Sat: 10am to 9pm) / (Sun: 11am to 8pm)
Owner Hours Per Week: Help Run
Non-Owner Payroll: N/A
Absentee Owner: Yes
Real Estate: N/A
Monthly Rent: $21,000
Type of Location: Shopping Mall
Square Footage: 825
Reason For Sale: Other Business Location
Other Business Location