Profitable Franchise Restaurant in Newark For Sale

Newark, CA
Alameda County

Anchor building inside of a retail plaza

Asking Price: Annual Revenue:
$415,000 $1,300,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Profitable Franchise Restaurant in Newark For Sale Broker: Grace Ko
Owner Financing is Available!
Buyers must have 80% of purchase price for down payment.

Quick Facts

Asking Price: $415,000
Annual Revenue: $1,300,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 10
BBN Listing #: 991258270
Broker Reference #: Not Disclosed

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Business Overview:

Do you have a passion for food? Do you want a business with cash flow daily? This is an opportunity for you-- A well- established franchise Bonchon Chicken

Location: Close to freeway, shopping centers, and car dealerships. The restaurant is located inside the anchor building of the plaza with the highest visibility and abundant parking space. There are 2 designated parking for the takeout customers and delivery companies such as Ubereats and Doordash etc. Sales is comprised of mainly take-out and delivery orders during weekdays.

Price includes franchise transfer fee, training fees, title transfer fees and attorney fees required by the Corporate. Bonchon Chicken is a well- known Korean fusion restaurant with success- proven recipes of fried chicken. Full bar with liquor license for wines and beer. 4 taps for draft beer and fountain soda. Beverage menu can be expanded to utilize the full bar.

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Property Features and Assets:

The building is located inside of a commercial retailer plaza. As an anchor building, the restaurant is very visible from the street level and easy access to Freeway 880. Assets include all inventories, leasehold security deposits, kitchen equipment, liquor license, franchise license and goodwill.

Market Competition and Expansion:

Bar area is not fully utilized. We have very few choices of wines and beverage. Buyers can increase sales by selling more ice-teas, coffees, tapioca drinks or ice-cream. There are few fried chicken mom and pop shops in the area but not as well-known as Bonchon Chicken. Our marketing team is very efficient and organized. Special promotion is offered for different occasion from time to time.

Reason for Selling:

Seller Retirement

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 a franchise resale opportunity.

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