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Church's Chicken For Zero Goodwill
Location: United States -> Alabama -> Birmingham
Industry: Franchises > Food and Beverages




Business Summary

Zero Goodwill! Buyer only needs to pay the franchise transfer fee of $5,000 and the inventory of approximately $10,000!

2019 Gross Revenue: $925,000! Net Profit is $120,000 after rent and all expenses including a full-time payroll of more than $165,000!

Average sales for 2020 YTD are $77,000 per month! The Business is Pandemic and Recession Proof!

Buyer must fill out a Personal Financial Statement and Resume showing past fast food and/or restaurant experience. Seller is asking for monthly rent at only $10,000 NNN with a 20-year lease available. Net Profit after rent is $120,000!

Seller has officially completed all reimage requirements for the franchise! Buyer does not have to worry about any renovation requirements from the franchisor for the next 5-7 years!

Asking Price for Business-only: $0 + inventory! Inventory is approximately $10,000.

Buyer will need to become a Church's Franchisee.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $92,500
Cash Flow:   $120,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2007
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease




Print Listing Id: 700350455
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Related Searches: Food and Beverages  >  Retail  >  Service  >  Other Franchises  > 

Also See: Franchise Opportunities > Franchise Resales > Alabama Businesses For Sale > Alabama Franchises For Sale > Alabama Business Brokers



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