Well Established Rotisserie Chicken Restaurant For Sale

Business description

This rotisserie chicken restaurant has been in the business for the last 25 years. It is a free standing building with ample parking and its frontage toward one of the busiest blvd. in Orange County. The menu includes chicken, ribs, burger and sandwiches. They have numerous loyal & repeat customers in all these years. Although the business is down because of slowdown in economy, but the owner says the business is still profitable.

They have been featured on many different news papers & magazines during these years and food critics have very positive reviews on this restaurant. It is one of the most famous chicken restaurants in the area & had many different celebrities as customers.

It is easy operation & if it is needed the owner is willing to stay for a while & train new operator.

Annual Revenue: $275,000
FF&E: $10,000 (Included in the price)
Inventory: $1,500 (Included in the price)
Seller’s Discretionary Cash Flow: $42,000
Asking Price: $150,000

Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers or its agents have not verified the information and makes no representations as to its accuracy or reliability.

Property information

Location:

1,449 sq.ft. - rent $5,675. lease expires 2011 - 5 year option. ample parking.

Size in square feet:

1,449

Other information

Support & training:

seller will provide training.

Reasons for selling:

other ventures.

Furniture / Fixtures value:

$10,000 (included in the asking price)

Inventory / Stock value:

$1,500 (included in the asking price)