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  • RE:  Semi-absentee Very Profitable Korean Fried Chicken
  • Contact:  Fernando Mello
Owner Financing is Available!
Owner Financing Amount: $70,000.00 Owner Financing Interest: 8% Owner Financing Terms Months: 36 Owner Financing Monthly Payment: $2,193.55

Quick Facts

Asking Price: $530,000
Annual Revenue: $1,265,863
Net Profit: Not Disclosed
Cash Flow: $312,738
Total Debt: Not Disclosed
FF&E: $54,600
Real Estate: Not Disclosed
Year Established: 2021
Employees: 10
BBN Listing #: 951747
Broker Reference #: 2201149295

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Business Overview:

Truly semi-absentee and SBA pre-qualified. This is a very successful Korean-Style Fried Chicken franchise, renowned for its delicious, authentic Korean fried chicken and exceptional customer service. Fully staffed with 10 employees and operational management in place. Both owners have day jobs and do not supervise the daily operations. Very profitable in just 3 years of operation, with an excellent long-term lease and optional 5 years 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 franchise transfer fee of $40,000 is not included in the asking price, but is included in the pre-qualified SBA loan. This business will certainly qualify for an investor visa. All prospective buyers will have to be approved by the franchisor 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 2201149295 and advisor Fernando Mello when inquiring.

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Property Features and Assets:


Reason for Selling:

Other

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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