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Independent Fast-casual Chicken Restaurant For Sale

Central Indiana, Indiana, US
Asking Price:
$400,000
Sales Revenue:
$1,135,356
Cash Flow:
$62,713

This independent fast-casual chicken restaurant is the perfect cure for the fast-food blues. This restaurant stands out from the crowd by doing one thing to perfection: chicken! It offers all kinds from bites, tenders, and bone-in pieces to wings and chicken salads Besides chicken, the menu offers:
• Appetizers
• Sandwiches
• Salads
• Sides
• Desserts
• Kids Meals

Every menu item is made fresh using proprietary recipes handed down for generations. The restaurant also creates its own seasonings and marinades. Because the food is so good, it has a strong repeat business. In fact, 66% of its sales comes from returning customers.

Located in Central Indiana, the chicken restaurant is easily accessible from major interstates. It’s situated in strip center and has highly visible signage. In fact, between 6,000 and 9,000 vehicles pass it daily. Due to surrounding shopping and businesses, the restaurant has strong sales during lunch and dinner.

Indoor dining capacity is 70 people with an additional 40-person event room. Customers can eat in, order on-line or use the drive-thru. There are two new fryers, an updated fire suppression system, and a new POS system, too. The restaurant also offers catering on-site or at customer’s locations. The landlord is painting the building and repaving the lot. They added an outdoor seating area in addition to expanding the drive-thru to fit semis.

There is limited competition in the area. Most are franchised, fast food restaurants. None offer the same quality-made food as this fast-casual chicken restaurant.
This independent fast-casual chicken restaurant is perfect for the owner/operator
who’s ready to build on a successful foundation.

Investment Considerations:
• Semi-Absentee Ownership
• Prime, Central Indiana Location
• Strong Repeat Business
• Seats 70
• 40-Person Event Room
• New Outdoor Seating Area
• Expanded Drive-Thru
• Catering Services
• Drive-Thru & Online Ordering
• Ample Parking in Shared Lot
• Strong Lunch & Dinner Crowds

Facilities:
The seller leases the 2,600 SF facility. It has seating for 70, plus an 40-person event room. A drive-thru was added during the pandemic.
Real Estate Available: No
Real Estate Included: No

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: $2,850.00
Is Going Concern: Yes
Market Competition: Main competition comes from franchised fast-food restaurants. Limited independent competition.

Property Information

Size in square feet:
2,600

Business Operation

Reasons for selling:

The Seller is ready to retire.

Employees:
Full Time: 3, Part Time: 14
Years established:
41

Franchise Information

Franchise opportunity:

Yes

Other Information

Support & training:

The Seller is willing to train and transition new ownership for a mutually agreed upon time immediately following closing.

Financing available:

Downpayment Required: NEGOTIABLE

Inventory / Stock value:
$10,000