Drive-Thru Takeout Chicken & Seafood Restaurant
Location:
United States
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Texas
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Dallas/Fort Worth
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Fort Worth
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Quick service drive-thru takeout fried chicken and seafood restaurant for sale on a busy road in Fort Worth, Texas near 35W. The owner typically works 10 hours / week. The location has operated as a fried chicken restaurant for over 35 years. It has a strong reputation and will benefit from a hands-on owner operator to increase sales and profits. Sales WERE $42k-43k / month but declined due to owner's absence. The facility has no seating. Outdoor seating could be added. Price $75,000: $40,000 down and $35,000 seller financed (5 years at 8%, $709.67 / month) or $60,000 ALL-CASH. The assets include inventory at cost of $3,000 and FFE of $50,000.
Financials
Asking Price Range: < $250K
Gross Revenues:
$260,000
Cash Flow:
$45,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $50,000
Seller Financing: Yes
About The Business
Year Established: 1975
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: The seller will provide 2 weeks training and ongoing telephone support, as mutually agreed, to ensure a seamless ownership transition.
Reason For Selling: Owner has a second restaurant 9 miles away.
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Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700116123
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