Profitable Chicken Menu Restaurant San Fernando Valley
RRC#: 4255
Asking Price: $399,000
Location: East San Fernando Valley
Annual Revenue: $1,021,100
Annual Cash Flow: $354,000
Monthly Rent: $4,030
Expiration: 11/2023 plus Two 5 year options
Listing Description:
Located in the East San Fernando Valley, this establishment was founded by three cousins after a trip to Nashville, where they were inspired to open their own Nashville Hot Chicken restaurant in Los Angeles. Spending months experimenting on the perfect chicken and their famous Cheetos Chicken, they opened up their first pop-up stand. This location proved so popular that a brick and mortar location was soon operating. With a gross of over seven figures, this restaurant is drawing a dedicated base to their popular chicken combo meals and side dishes. Additional revenue generated by catering such as weddings, cocktail receptions and corporate events. Centrally located in a busy area close to freeway access with plenty of parking. Great lease terms. Equipment includes a 16' hood, 36” griddle, 3-door refrigerator, 2-door freezer, POS system and much more.
General Information:
Organization: Corporation
Year Established: 2018
Employees: 6 PT
Reason For Sale: Other Interests
Financial Information:
Monthly Revenue: $85,100
Monthly Cash Flow: $29,515
Annual Revenue: $1,021,100
Annual Cash Flow: $354,000
Annual Payroll: $183,000
Facilities:
Square Feet: 1,720
Seating: 49
Parking: Public lot
Days/Hours of Operation: Mon - Sun 11 a.m.-11 p.m.