Fried Chicken/Ribs/Seafood Take Out Restaurant

Not Disclosed, MI
Livingston County

Asking Price: Annual Revenue:
$115,000 $332,436

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Fried Chicken/Ribs/Seafood Take Out Restaurant Broker: Inquiry
Owner Financing is Available!
Seller financing available with $50,000 down payment.

Quick Facts

Asking Price: $115,000
Annual Revenue: $332,436
Net Profit: Not Disclosed
Cash Flow: $70,236
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1991
Employees: 8
BBN Listing #: 97252679
Broker Reference #: B2641

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Business Overview:

This is a great opportunity to own a staple Chicken, Ribs, and Seafood carry-out restaurant in the Livingston County Area. This take-out restaurant has been around since the 1990s and is well known within the community. It offers many simple meat/seafood options and sides that everyone craves.

The business has multiple cross-trained employees who run the business while the owner overseas operations and handles the books. All recipes/secret marinades are written down in a step-by-step order. All equipment is in great condition and has been meticulously maintained by the owner. The restaurant has everything needed to expand the business/offer catering within its 2,400 +/- Square Feet building. It is located in a modern and busy plaza with a lot of high foot traffic businesses around.

This business has strong sales year after year. 2019 gross sales were $375,772 with a cash flow of $81,304, 2020 sales were $300,421 with a cash flow of $56,606 (being closed 3-4 months) and 2021 sales were $332,436 with a cash flow of $70,236.There is tremendous room to grow and increase sales because the current owner does not do any advertising. A new owner can dramatically increase sales by adding creative marketing to the local community. Chicken sandwiches have been a recent trend and a potential owner can capitalize on that as well.

The business also has an excellent online reputation since it has been established for so many years. Over 180 reviews on google and 85 + on Facebook. This is truly a staple carry-out restaurant in the area!

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Reason for Selling:

Other Business Opportunities.

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.

Relevant Links:

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