Popular Franchise Chicken Wings Restaurant

Not Disclosed, NJ Ocean County

Asking Price: $112,000

Annual Revenue: $315,653

Food & Beverage: Restaurants, Fast Food, Deli

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Popular Franchise Chicken Wings Restaurant

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RE: Popular Franchise Chicken Wings Restaurant
Contact: Theresa Josa

Quick Facts

	Asking Price:	$112,000
	Annual Revenue:	$315,653
	Net Profit:	Not Disclosed
	Cash Flow:	$78,000
	Total Debt:	Not Disclosed
	FF&E:	$90,000
	Real Estate:	Not Disclosed
	Year Established:	1980
	Employees:	6
	BBN Listing #:	67264169
	Broker Reference #:	189597-552909

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Business Overview:

REDUCED!!!!! Profitable chicken wings restaurant located in the heart of Ocean County, New Jersey. This NJ staple was founded in 1980 and the current owner has been operating the business since 1990. The restaurant primarily serves chicken wings, seafood and ribs. The current owner has never done any delivery which creates a huge potential for new owners to grow sales significantly simply by offering delivery options. Owner has kept meticulous records of revenue by day for the last 33 years. The restaurant is in great condition and has been well-maintained throughout the years. The kitchen is spotless and in pristine condition. The restaurant has 6 PT employees. After decades of consistent growth, the owner is looking to retire and move out of state. Priced to sell!
Asset List 2 stack hoods, 1 walk in refrigerator, 1 walk-in freezer, 2 refrigerators, 1 side top freezer, 1 flip top freezer, 1 soda box, 4 sets of wiring shelving, 7 utility tables, 1 gas stove, 1 microwave, 1 television, 1 desk, 7 dining room tables, 25 dining room chairs, 3 gas deep fryers and much more.

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Reason for Selling:

Retirement

Additional Details:

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

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