Semi-absentee Very Profitable Korean Fried Chicken
Relocatable, FL Broward County
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- RE: Semi-absentee Very Profitable Korean Fried Chicken
- Contact: FERNANDO MELLO
Quick Facts
| Asking Price: | $430,000 | |
| Annual Revenue: | $1,104,303 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $202,898 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $53,600 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2021 | |
| Employees: | 12 | |
| BBN Listing #: | 993154 | |
| Broker Reference #: | 101149295 |
Business Overview:
Truly semi-absentee. This is a very successful Korean-style fried Chicken chain of restaurants, renowned for its delicious, authentic Korean fried chicken and exceptional customer service. It is currently a licensed operation, soon to be converted into a franchise. Fully staffed with 10 employees and management in place. The owner has a full-time day job and does not supervise the daily operations. Very profitable since the first years of operation, with an excellent long-term lease and an optional 5-year 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 license transfer fee of $20,000 is not included in the asking price. This business will certainly qualify for an investor visa. The seller is willing to finance a qualified buyer. All prospective buyers will have to be approved by the licensor and the landlord, and will be asked to provide a BIO/CV and proof of funds/ financial statement before further disclosure. Please refer to listing #0101149295, >>
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Property Features and Assets:
​Lease/Month: 5600 Square Footage: 1475 Building Type: Strip Center Terms & Options: 1 x 5 yrs option Expiration Date: 3/31/2029​
Market Competition and Expansion:
​Non Compete : Miles: 30 Years: 4​
Reason for Selling:
Other business interests. Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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