Listing ID: 73107

Business Overview

The business is currently operated on an absentee basis with a full team already in place, making this an attractive opportunity for either an investor seeking an established operation or an owner-operator looking to become more involved and potentially increase profitability.

The concept is centered around wings and other popular fast-casual menu items, including chicken tenders, burgers, wraps, cheesesteaks, ribs, quesadillas, salads, sides and desserts. The business also offers catering, providing an additional revenue channel beyond its regular walk-in, takeout and delivery business.

Financial Overview

Annual Gross Revenue: Approximately $650,000

Annual Net Profit: Approximately $150,000

Average Monthly Gross: Approximately $54,000

Net Margin: Approximately 23%

Current Operation: Absentee

Full Staff in Place

The business’s ability to generate approximately $150,000 in annual net profit while being operated absentee is a significant selling point. A hands-on owner may have opportunities to further improve profitability through tighter labor management, purchasing controls, local marketing and direct oversight.

Lease & Occupancy
Current Rent: $4,400 per month

Annual Rent: $52,800

Approximately 8 Years Remaining on Lease

The remaining lease term provides a buyer with long-term occupancy and the ability to invest in growing the operation without facing an immediate lease expiration or relocation.

At approximately 8% of current gross sales, the stated base rent represents a manageable occupancy ratio for the operation.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $410,000
  • Cash Flow: $150,000
  • Gross Revenue: $650,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.