V-AID Business Investment Advises Won & Jung LLC on Sale of Mad for Chicken to Drunken Drumstick LLC
Flower Mound – V-AID Business Investment is pleased to announce the sale of Mad for Chicken to Drunken Drumstick LLC. Mad for Chicken has a great location on the intersection of two busy roads in the area. The 3,549 sq. ft. facility is expertly decorated and has a sports bar-like atmosphere. All of the equipment is in excellent condition, and the owner recently spent $15,000 to upgrade the bar walk-in cooler. The address is 1050 Flower Mound Rd. #280 Flower Mound, Texas 75028.
Mad for Chicken a franchise restaurant was established in July 2021 by a previous owner before the current owner acquired the business in December 2023. Sales have been decreasing due to the previous owner’s mismanagement, opting to run the business as an absentee owner in 2023. The business suffered, and revenue dropped by 25%. However, under the current ownership, sales have been gradually increasing in 2024, reaching $50,000 – $60,000 per month in sales, and $10,000-$12,000 per month is net income with the owner’s minimal involvement. The current owner has focused on quality control, food quality, and employee training to revamp the overall operation. The customer base is mostly Caucasian families with children and white collared workers during lunch hours.
Kevin Chung with V-AID Business Investment, as an exclusive business broker for Mad for Chicken, provided sell-side advisory services for Won & Jung LLC from business valuation, marketing and negotiating the sale to transfer of business. V-AID Business Investment is a fully-fledged business broker and M&A advisor that assists the business owner in selling their business for the maximum value while finding the right buyer who can continue to grow the business.
Local Fried Chicken Spot Undergoes Major Transformation with New Ownership
“A beloved local franchise specializing in Korean-style fried chicken and featuring a full bar has been acquired by a dynamic new restaurateur eager to realize his culinary dreams. The restaurant, which had enjoyed solid performance, was sold by its previous owner due to the demands of other business ventures. Under the new ownership, the restaurant is set to undergo a significant transformation. The new owner, a passionate foodie with a deep love for diverse cuisines, is rebranding the establishment with a fresh name and concept aimed at appealing to a broad audience. The goal is to establish the restaurant as a must-visit destination in the neighborhood, offering a unique blend of flavors and an exceptional dining experience. The acquisition represents a dream come true for the new owner, who is committed to revitalizing the venue and serving the community with a renewed focus on high-quality food and innovative culinary experiences,” said Kevin Chung, CBI, VP of Business Brokerage for V-AID Business Investment in Dallas.
About V-AID
Since 2001, V-AID Group, a team of resilient business brokers and M&A advisors in Dallas TX, has been specializing in selling small to mid-size businesses in the main street to the lower middle market. V-AID’s experienced team of experts has a proven strategy that will ensure strict confidentiality, a streamlined selling process, and the maximum value for the business. With deep expertise accumulated from hundreds of done deals, V-AID delivers superior results by providing clients with strategic planning and creative solutions tailored to each transaction. Combining V-AID’s proprietary database of buyer networks and industry-leading marketing, V-AID offers a proven selling method that has been the solution to a value-added exit for hundreds of business owners with a completion of 640 transactions totaling over 150 Million Dollars and continuing.
