Broker Name:Stephen Lee
Broker Email:info01@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
Broker Contact Form
Name

Email

Phone

Comment


Freestanding Franchise Wing Shop in Fast Growing City
(Restaurants)
Hunt, Texas
Listed Price: $ 165,000
Listing ID: 000696

Listing DetailsDown Payment: $ 82,500
Gross Revenue: $ 445,539
Cash Flow: $ 73,521
FFE: $ 35,000 (Included in Price)
Inventory: $ 2,500 (Included in Price)
Reason for Sale:

Other Opportunities


Training & Support:

The owner of the business will provide the necessary training needed to smoothly transition into the business operation.


Listing SummaryBusiness Description:

Freestanding franchise fast food restaurant serving mainly chicken 7 days a week is available for acquisition. This business was originally established over a decade ago by the current owner of the business in late-2004. Most of the customers are split between workers from the industrial area during lunch time and families from the densely populated residential neighborhoods that are within the local area during dinner. Net sales average projection $430,000 for 2018 that has been steadily increasing over the last several years of operation due to some marketing on social media outlets. Although online marketing and online ordering are in place on the corporate website, other proactive marketing methods needs to be fully utilized to generate more cash flow and acquire new customers from untapped residential areas of the city. Competition is expected for this type of business, but the only competitor in the area lacks in high quality ingredients for their products and the location is not as easily accessible as this business. There are many ways to proactively market this business such as direct mailing, delivery service, 3rd party delivery, door hangers, catering service and hiring a manager to operate the business. Full-time owner-operator is great for the business in terms of cash flow, but the sales could be further increased by placing a manager to operate the business while the owner focuses on marketing the business to attract more customers. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.


Competition:

One competitor is within the immediate market area of this business, but this business competes with higher quality products and an easily accessible location that is extremely visible to the street.


Potential Growth:

Some marketing is in place through social media outlets, but other proactive marketing methods are needed to allow this business to achieve full potential in sales and customer acquisition.


Financing/Terms:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.


LocationSquare Footage: 2217
Facilities:

This business is located in a 2,217 SF freestanding building that has numerous retail businesses on each side of the street that already has immense traffic throughout all hours of the day.


OperationYear Established: 2004
Employees: 7PT
Absentee Owner: No