Food franchise for sale specializing in fried chicken 000950
food franchise for sale specializing in fried chicken in Northeast Dallas is now available for acquisition. This chicken restaurant is in a 1,940 SF of highly visible end-cap space featuring a drive-thru in a retail strip center. The retail strip center is next to a busy road with heavy traffic from adjacent cities and nearby densely populated residential neighborhoods. This fast-food chicken restaurant was established by the current owner in 2013 and has built a strong and loyal customer base over the last seven years. Various menu items are provided at this franchise chicken restaurant, ranging from fried chicken combos to family meals and various sides and drinks to accommodate each entree. Most of the customers are low to middle-class individuals and consist of a good mix of all ethnic groups from the surrounding densely populated residential neighborhoods. Few franchise competitors are within the immediate market area. Still, this franchise is well-known for serving quality food at a very competitive price to the customers among the fried chicken franchises. Gross sales of this chicken wing restaurant have been very consistent for the last several years running at around $550K per year before the pandemic. There has been a slight decrease in sales during March and April, but since May, sales have increased every month at an average of approximately 12%.
On top of that, a prospective buyer can expect to increase sales through a new menu launched in October 2020. Although some marketing is in place through the franchisor, more store-level proactive marketing methods such as social media outlets, email marketing, web-based advertisements, direct mailing, daily specials, etc., need to be utilized to achieve maximum income capacity as well as growing the customer base beyond the immediate market area. Marketing efforts on catering services to corporate offices and headquarters, medical offices, and churches nearby can also greatly improve sales as the catering business remains under-served. Expanding into multiple 3rd party delivery service providers can help by far to acquire new customers as this location has only one 3rd party delivery platform. This business has great potential because this location is the only franchise within this particular city and is right on the border that connects 3-4 major adjacent cities, which can drive tremendous traffics to the business. This is a great opportunity to acquire a well-established national fast-food franchise chicken restaurant for a potential buyer willing to be more hands-on in the day-to-day operation and marketing to reach out to untapped areas of the business.
While Corporate will provide a comprehensive hands-on training, the current business owner will provide training and support to make the transition as seamless as possible.
This business in a 1,940 SF end-cap space featuring a drive-thru retail strip center is located next to an intersection with consistently heavy traffic and nearby densely populated residential area and small businesses that attract several people to the area. $4,000 of new equipment for a new menu has just been installed.
There are few other similar franchise restaurants in the area, but this restaurant serves high-quality food at inexpensive prices for all customers.
This is the only franchise location within the city. Also, this business is optimally surrounded by 3-4 major cities that can draw customers from those adjacent cities.
100% down at closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.