Business for Sale Overview:
This rotisserie chicken restaurant has been in the business for the last 25 years. It is a free standing building with ample parking and its frontage toward one of the busiest blvd. in Orange County. The menu includes chicken, ribs, burger and sandwiches. They have numerous loyal & repeat customers in all these years. Although the business is down because of slowdown in economy, but the owner says the business is still profitable.
They have been featured on many different news papers & magazines during these years and food critics have very positive reviews on this restaurant. It is one of the most famous chicken restaurants in the area & had many different celebrities as customers.
It is easy operation & if it is needed the owner is willing to stay for a while & train new operator.
Annual Revenue: $275,000
Furniture, Fixtures & Equipment: $10,000 (Included in the price)
Inventory: $1,500 (Included in the price)
Seller’s Discretionary Cash Flow: $42,000
Asking Price: $150,000.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
1,449 square feet - rent $5,675. Lease expires 2011 - 5 year option. ample parking.
Reason for Selling:
other ventures.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.