 |
Free Standing Franchise Fried Chicken Restaurant with Real Estate in Dallas
(Restaurants, Chicken-food to go)
S. Dallas - Texas
| Seller Financing: |
|
| Lender Pre-Qualified: |
|
| Listing ID: |
71889 |
| Office ID: |
|
| Status: |
Active |
Listing Details
| Listed Price: |
$1,200,000 |
| Down Payment: |
$1,200,000 |
| Fiscal Year: |
|
| Total Sales: |
$690,000 |
| SDE: |
$157,000 |
| EBIT: |
|
| EBITDA: |
|
| FFE: |
$70,000 |
Included? Yes |
| Real Estate: |
$800,000 |
Included? |
| Inventory: |
$2,500 |
Included? Yes |
| A/R: |
|
Included? |
|
|
| Sales Breakdown |
|
| Reason for Sale: |
Retirement |
| Training: |
Seller will train buyer for a smooth transition. |
| Financing Terms: |
100% Cash at Closing |
Operations
| Year Established: |
1995 |
| Last Acquired: |
1995 |
| Form of Ownership: |
S-Corp |
| Home Based: |
|
| Relocatable: |
No |
| Type of Location: |
Stand-alone |
| Absentee Owner: |
Yes |
| Online: |
|
| Employees: |
Full Time: 6 / Part Time: 6 |
| Managers: |
|
| Hours: |
Sun-Thur: 10am-1am / Fri & Sat: 10am-2am |
| Owner Hours: |
|
| Non-Owner Payroll: |
|
| Franchise Info: |
5% of net sales / $500 franchise transfer fee. |
Location
| Lease Expire: |
|
| Option: |
|
| Lease Terms: |
|
| Lease Security: |
|
| |
|
| Included with Rent: |
|
| Building Size: |
1530 |
| Land Size: |
|
| Seating Capacity: |
|
| Facilities: |
Located in the intersection about one block away from one of the major freeway in Dallas, this business is largely benefited by tremendous traffics generated from the intersection. Total SF of the building is approx. 1,530 SF and land size is 21,309 SF. All equipments are immaculately maintained. Pylon signage makes visibility even easier. |
| Secondary Location: |
|
| Business Name: |
|
| Address: |
|
Summary
| Business Description: |
Free standing franchise fried chicken restaurant with real estate is now available for an acquisition. Situated on a prime street in S. Dallas, this restaurant is occupied has a direct exposure to the prime street that generates tremendous traffics every day. This franchise fried chicken restaurant has been offering nothing but fried chicken to customers for 17 years at the same location. This restaurant does about $690K in annual revenues in this severe recession. Being a landlord, the current owner does not have to pay any rent. Since the restaurant is currently being run without any owner's involvement, pro-active involvement in the restaurant will help this restaurant reach its full potential. This is a great opportunity to purchase a free-standing franchise fried chicken restaurant with real estate. |
| Historical Summary: |
Established since 1995. The building was built in 1995 by the current owner as well. |
| Owner Qualifications: |
Currently owner absentee. More attention is absolutely needed in order to grow the restaurant. |
| Customer Base: |
|
| Competition: |
One direct competition is found, but both locations have been together in the same location for years. |
| Potential Growth: |
Considering its prime prime location, it has an unlimited potential to grow. |
|
|
|
|
|
|