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American Bar & Grill And Drive Thru Chick..
Location: United States -> Kansas -> Geary County, Geary County
Industry: Franchises > Food and Beverages




Business Summary

Prime location high volume American bar & restaurant and fast food chicken wing drive-thru restaurant as a package deal is available for acquisition. The full-service restaurant & bar was established by the owner of the business in 2013. The fast food chicken wing drive-thru was later established in 2017 in adjacent location to the bar and grill. This American restaurant is in a 4,303 SF space of a freestanding building that is located next to major highway nearby heavy industrial area and military bases as well as lots of hotels and densely populated residential area. The second cozy chicken wing place is in a small 480 SF of freestanding building that is located next to an intersection with consistently heavy traffic and nearby densely populated residential area, and a strong presence of retail chains in the area that attract a number of people to the area. This chicken wing place doesn't have a dine-in area but specializes in drive-thru pick-up service for all orders. Most of customers are Caucasian individuals and families from nearby small businesses, the densely populated residential neighborhoods as well as from nearby large military bases. For the first location, there are 2 direct competitors serving bar & grills found in the immediate market area. One of major competitors has announced closure of the business at the end of April which is highly expected to help the immediate sales increase of the business. Few competitors were found at second location, this business targets the delivery/pickup customers through drive-thru and 3rd party delivery service within their own demographic in the area. Both businesses are located in a prime location with great visibility and give customers an easier access to the restaurant compared to other competitors and also serve superior products in quality. The menu of the American bar & restaurant consists of many traditional American cuisines such as fried chicken, grilled chicken, chicken fried steak, grilled fish, ap...


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,270,311
Cash Flow:   $187,108
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2013
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner of both businesses will provide the necessary training needed to smoothly transition into the business operations.
Reason For Selling:  New opportunities. The owner resides out of state.




Print Listing Id: 700335682
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Also See: Franchise Opportunities > Franchise Resales > Kansas Businesses For Sale > Kansas Franchises For Sale > Kansas Business Brokers



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