Church's Chicken in Birmingham Appraisal at $1.5M!

Birmingham, AL
Jefferson County


Asking Price: Annual Revenue:
$1,099,000 $870,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Church's Chicken in Birmingham Appraisal at $1.5M! Broker: Kavita Purohit

Quick Facts

Asking Price: $1,099,000
Annual Revenue: $870,000
Net Profit: Not Disclosed
Cash Flow: $230,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 247033274
Broker Reference #: Churchs1099k

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Business Overview:

Appraisal was done in 2018 that valued the property and business of a going concern at $1,500,000! Sellers are only asking $1,099,000 because of serious medical problems and their wish to retire to their home country! Just bring 20% to the table or $200,000 to make the deal work!

Sellers are absentee owners, therefore their labor cost is about $165,000. An owner-operator could reduce that cost substantially!

Located off a major Highway near the Interstate!

2016 Gross Revenue: $815,000.
Net Profit: $200,000.
?
2017 Gross Revenue: $860,000.
Net Profit: $240,000.

2018 Gross Revenue: $870,000.
Net Profit: $230,000.

Asking Price for Property is available at $1,099,000. Appraisal at $1,500,000!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Located off a major Highway near the Interstate! Appraisal was done in 2018 that valued the property and business of a going concern at $1,500,000!

Market Competition and Expansion:

Sellers are absentee owners, therefore their labor cost is about $165,000. An owner-operator could reduce that cost substantially!

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Relevant Links:

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