Listing Number: 2201-149295
Description
Truly semi-absentee and SBA pre-qualified. This is a very successful Korean-Style Fried Chicken franchise, renowned for its delicious, authentic Korean fried chicken and exceptional customer service. Fully staffed with 10 employees and operational management in place. Both owners have day jobs and do not supervise the daily operations. Very profitable in just 3 years of operation, with an excellent long-term lease and optional 5 years extension available. This is the perfect opportunity for a buyer/investor looking for an established, turn-key operation. Fully equipped with a state-of-the-art kitchen and serving robot. The franchise transfer fee of $40,000 is not included in the asking price, but is included in the pre-qualified SBA loan. This business will certainly qualify for an investor visa. All prospective buyers will have to be approved by the franchisor and the landlord, and will be asked to provide a BIO/CV and proof of funds/ financial statement before further disclosure.
Listing Details
- Price: $ 609,000
- Down Payment: $71,350
- Sellers Discretionary Earnings: $ 312,738
- Total Sales: $ 1,265,863
- Location: Florida
- Inventory: $ 17,250
- FF&E: $ 54,600
- Employees: 10
- Year Established: 2021
- Reason for Selling: Lack of time
- Category: Restaurants
